Consumers can recover from violators of antitrust laws, but only if they dealt directly with the

violator.

Indicate whether the statement is true or false


TRUE

Business

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The ability to communicate effectively is known as ______.

A. interpersonal communication B. intrapersonal communication C. interpersonal competence D. having a conversation

Business

The specific regulation of the U.S. government that governs the fair distribution of income is ________

A) the Robinson-Pitman Act B) the Sherman Antitrust Act C) GATT D) Section 482 of the tax code

Business

A toaster manufacturer has invested $1 million in the business and wants to set a price to earn a 20 percent return on investment, specifically $200,000. What pricing method should it choose?

What will be an ideal response?

Business

U.S. GAAP and IFRS provide criteria for distinguishing operating leases from capital leases. Which of the following is/are true?

a. Under the capital, or finance, lease method, the lessor records the signing of a capital lease the same as if the lessor sold the leased asset for an installment note receivable. b. Under the capital, or finance, lease method, the lessee recognizes interest expense on the lease liability, similar to recognizing interest expense on long-term notes or bonds. c. Under the capital, or finance, lease method, the lessee amortizes the leased asset, similar to recognizing depreciation on buildings and equipment. d. Under the capital, or finance, lease method, the lessee records the leased asset and the lease liability on the balance sheet at the present value of the contractual cash flows at the time of signing the lease. e. all of the above

Business