A corporation purchased 1,000 shares of its $5 par common stock at $10 and subsequently sold 500 of the shares at $20. What is the amount of revenue realized from the sale?
A) $0
B) $5,000
C) $2,500
D) $10,000
A
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____ applications can handle both B2B and B2C business transactions
a. Customer relationship management b. Buy-side c. Sell-side d. E-business
A typical defined benefit pension plan formula includes all of the following except:
a. the number of years of employee service b. the fair market value of pension plan assets c. a credit for each year of annual service d. the final salary at retirement date
Which of the following is not an example of a manufacturing overhead cost?
A) Shipping charges on finished products B) Indirect materials C) Indirect labor D) Depreciation on factory equipment
When the sales price per unit decreases, the contribution margin per unit ________
A) increases proportionately B) increases C) remains the same D) decreases