The purpose of Section ________ of the ________ Act is to prohibit anticompetitive mergers and acquisitions that tend to lessen competition at their incipiency
A) 3; Clayton
B) 7; Clayton
C) 1; Sherman
D) 3 Sherman
B
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Dawson Corporation produces a product called Blocker, which gives rise to a by-product called Spotter. The only costs associated with Spotter are additional processing costs of $4 for each unit. Dawson accounts for Spotter's sales first by deducting its separable costs from its sales and then by deducting this net amount from the cost of sales of Blocker. This year, 9,600 units of Spotter were produced. They were all sold for $8 each. Company operating expenses were $250,000 for the year. Sales revenue and cost of goods sold for Blocker were $1,600,000 and $800,000, respectively. (CPA adapted)Required:(a) Calculate the company's gross margin under the current accounting method.(b) Assume the company changes its accounting method and accounts for the by-product's net realizable value as
"other revenue." Calculate the gross margin under the new method.(c) Under what circumstances would method (a) or (b) be preferred? What will be an ideal response?
Indicate the plural form of the singular noun. belief
A preliminary list of reference sources for a report is called the working _____
Fill in the blank(s) with correct word
________ data result from reading what others have experienced or observed and written down
A) Primary B) Secondary C) Tertiary D) Survey