In collaboration, the work proceeds in a series of steps in which one person producessomething, others criticize it, and then a revised version is produced. These steps are known as________
A) iterations
B) alternatives
C) redundancies
D) strategies
A
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On January 1, 2011, Barton Sinks purchased a metal-bending machine for $4,000,000 with an expected useful life of 10 years with no residual value. The machine is depreciated on a straight-line basis. On January 1, 2016, the company overhauled the machine at a cost of $1,000,000. This extended the expected useful life by 3 years? What is depreciation expense on the machine for 2016, still assuming
zero residual value? A) ?$600,000 B) ?$525,000 C) ?$500,000 D) ?$375,000
Explain the concept of integrated marketing communications (IMC)
What will be an ideal response?
If a business had a capacity of $8,000,000 of sales, actual sales of $5,000,000, break-even sales of $3,500,000, fixed costs of $1,400,000, and variable costs of 60% of sales, what is the margin of safety expressed as a percentage of sales?
A) 25% B) 18% C) 28% D) 30%
Judy believed that Ray and Don were partners in an automotive repair business. Ray and Don were not partners. Ray owned the business as a sole proprietor. Ray, however, allowed Don, his unemployed brother-in-law, to be around the business. When Judy was having her car repaired, Ray told her "my partner here, Don, will give you a ride to work this morning so you can leave your car here. He will
give you a ride back here after work and your car will be done." Judy allowed Don to drive her to work. While riding with Don, Don accidentally ran a stop light and caused an accident. Judy was hurt and claims that both Don and Ray are liable to her. Is she right? a. Yes. This illustrates a partnership by estoppel. b. No. Don was not a partner in the business. c. No. Don was a dissociated partner. d. No. There was no intent to have a partnership.