Because the Dow Jones Index Average is based on the movement of only ________ large, well-established stocks, many investors believe it reflects price movements for large firms rather than for the general market.

A) 30
B) 50
C) 100
D) 500


Ans: A) 30

Business

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Aaron Corporation, which has only one product, has provided the following data concerning its most recent month of operations:   Selling price$90   Units in beginning inventory 0Units produced 3,400Units sold 3,000Units in ending inventory 400   Variable costs per unit:  Direct materials$21Direct labor$38Variable manufacturing overhead$6Variable selling and administrative expense$4Fixed costs:  Fixed manufacturing overhead$54,400Fixed selling and administrative expense$3,000What is the net operating income for the month under variable costing?

A. $5,600 B. $(20,400) C. $12,000 D. $6,400

Business

To help further the goal of water pollution reduction, states must do what regarding point source pollution:

a. permit treated water to be used as drinking water to be "commercially" pure b. reduce it by 60 percent by 2008 c. keep water designated as recreational water quite pure d. do nothing, the federal government controls all facets water pollution control e. none of the other choices

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A false acceptance occurs when a person is improperly matched to a template

Indicate whether the statement is true or false.

Business

Under most tax treaties, income attributable to a permanent establishment through which a foreign taxpayer conducts business can be taxed only by the taxpayer's country of residence.

Answer the following statement true (T) or false (F)

Business