The phrase "piercing the corporate veil" refers to:

a. the technique of getting past the receptionist to see the purchasing manager of the corporation.

b. the ignoring by courts of the corporate entity in order to do justice.

c. inspecting the books of the corporation.

d. learning the identity of the shareholders of the corporation.


b

Business

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David Andrews works at the Neal Company where he makes $10 per hour with "time-and-a-half" for overtime. For the week ended January 8, David worked 45 hours as follows: Job 417 34 hours Job 532 11 hours Assuming the overtime was due to priority scheduling for Job 532, how much will be charged to Job 532?

a. $147 b. $ 25 c. $110 d. $135

Business

What are the two main types of research instruments used to collect primary data?

A) observation scales and personal interviews B) questionnaires and mechanical devices C) focus groups and mechanical devices D) focus groups and questionnaires E) personal interviews and online focus groups

Business

A local distributor for a Belgian chocolate manufacturer expects to sell 12,000 cases of chocolate truffles next year. The annual holding costs for the truffles are $16 per case per year. The ordering cost is $60 per order. The distributor operates 320 days a year. In this example, the total holding costs are given by ______.

A. 12,000 divided by $16 B. 150 times $16 C. 12,000 times $16 D. 300 divided by $16

Business

On June 30, 2017, Martin Brothers, Inc showed the following data on the equity section of their balance sheet

Stockholders' Equity Common Stock, $1 par; 197,000 shares authorized, 146,000 shares issued and outstanding $146,000 Paid-In Capital in Excess of Par-Common $271,000 Retained Earnings 941,000 Total Stockholder's Equity $1,358,000 On July 1, 2017, the company declared and distributed a 8% stock dividend. The market value of the stock at that time was $17 per share. Following this transaction, what is the balance of Paid-In Capital in Excess of Par-Common? A) $227,640 B) $523,160 C) $271,000 D) $457,880

Business