If the markup of a product is twice its cost, what is the percent of markup on this product based on its selling price to the nearest percent?
A. 67%
B. 63%
C. 33%
D. 25%
Answer: A
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Victims of odometer tampering may receive
A. double damages. B. liquidated damages. C. triple damages. D. actual damages.
A ________________ allows the firm to eliminate a class of stock by paying the stockholders a specified amount
Fill in the blank(s) with correct word
Answer the following statements true (T) or false (F)
1. One of the primary reasons norms are enforced is to leverage the group's power with management. 2. Groupthink is a cohesive group's blind unwillingness to consider alternatives. 3. A positive outcome of groupthink is the development of more alternative ideas. 4. Allowing criticism of ideas helps prevent groupthink.
Foreign currency translation adjustments arising from translation of the financial statements of a foreign subsidiary are reported in
a. stockholders' equity of the foreign subsidiary. b. revenue or expenses of the foreign subsidiary. c. consolidated net income of the parent company and the foreign subsidiary. d. stockholders' equity of the parent company.