The Constitution sets forth specific powers that can be exercised by the national government and provides that the national government has the implied power to undertake actions necessary to carry its expressly designated powers. All other powers are expressly reserved to
A) ?none of the choices
B) ?the states.
C) ?the national government.
D) ?the people.
B
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On November 1 . 2014, Balloon Company sold some limited edition art prints to Sitake Company for ¥47,850,000 to be paid on January 1 . 2015 . The current exchange rate on November 1 . 2014, was ¥110=$1, so the total payment at the current exchange rate would be equal to $435,000 . Balloon entered into a forward contract with a large bank to guarantee the number of dollars to be received
According to the terms of the contract, if ¥47,850,000 is worth less than $435,000, the bank will pay Balloon the difference in cash. Likewise, if ¥47,850,000 is worth more than $435,000, Balloon must pay the bank the difference in cash. Assuming the exchange rate on December 31 . 2014 is ¥115=$1, what amount will Balloon disclose as the fair value of the forward contract on December 31 . 2014 (answers rounded to the nearest dollar)? a. $0 b. $18,913 c. $20,714 d. $416,087
Fixed costs divided by contribution margin ratio gives break -even point in units
Indicate whether the statement is true or false
Do entrepreneurs mean the end of bureaucratic organization and the rise of creative individuals?
a. Yes, entrepreneurs get rid of bureaucracy b. No, entrepreneurs love bureaucracy c. Yes, entrepreneurs manage through the projection of their incredible personal charisma d. No, any successful business needs some form of bureaucracy
One of the objectives of the unemployment insurance program is to offset lost income during voluntary unemployment.
Answer the following statement true (T) or false (F)