Skyla and Terry want to form and do business as Unbound Games Corporation. Most statutes governing the formation and use of corporations are guided by

a. city or county corporate codes.
b. the Entrepreneur's Corporate Handbook.
c. the federal Administrative Procedure Act.
d. the Revised Model Business Corporation Act.


d

Business

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Groot Promotional Services uses a job order system for costing and billing promotional services for dance and ballet performances. Groot has four public relations specialists plus an office staff. At the beginning of the year, Groot estimated the total cost of salaries and benefits for the public relations specialists at $675,000 and a total of 7500 billable hours for the year. All remaining office and administrative costs were estimated at $405,000. The allocation base for office and administrative costs is billable hours. In June, Groot signed a contract for a Russian ballet performance. It estimated the new contract would require 34 hours of specialist time. What is the total cost estimate for this contract?

A) $1836 B) $4896 C) $3060 D) $1224

Business

A market segment is less attractive when ________

A) there are few aggressive competitors in the segment B) it is difficult for new entrants to enter the segment C) it contains powerful suppliers who can control prices D) substitute products are unavailable in the segment E) buyers in the market segment have weak bargaining powers

Business

Hagar Corporation reported depreciation of $250,000 on its 2014 tax return. However, in its 2014 income statement, Hagar reported depreciation of $100,000 . The difference in depreciation is a temporary difference that will reverse over time. Assuming Hagar's tax rate is constant at 30 percent, what amount should be added to the deferred income tax liability in Hagar's December 31 . 2014, balance

sheet? a. $30,000 b. $37,500 c. $45,000 d. $75,000

Business

Which of the following is NOT one of the forces that drives countries to form regional market zones?

A. religious values B. geographic proximity C. cultural similarities D. political E. economic

Business