The U.S. Department of Agriculture (USDA) approved an application from Monsanto to plant genetically engineered alfalfa seeds that resist Monsanto's Roundup herbicide. Several environmental groups brought suit to stop the planting because the USDA did
not complete an EIS in carving out an exception for genetically engineered crops. The fear is that the crops contain a bacterial gene that allows farmers to spray their fields for weeds without harming the alfalfa or other crops because the bacteria allows the crops to resist the weed spray. How do you think the court rules in this case?
The court held that an EIS was not required when a federal agency made one decision to make an exception to an existing policy and affecting only one company. The court held that there was no evidence submitted by the environmental groups that there would be harm to the environment. Rather, there was general opposition to all genetically engineered products, a position not grounded in fact.
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Which of the following is a challenge of leverage analysis?
a. It does little to move people on the adoption continuum b. Building sufficient support to bridge the gap between early adopters and the early majority c. It can only be done with an outsider’s objective view of the organization d. Any employee’s support can be used to leverage support, so it is often difficult to choose who to focus on
A creditor may petition the court to judicially dissolve a corporation if he has an unsatisfied judgment against the corporation and:
A) the corporation is insolvent. B) the creditor will become insolvent if not paid. C) the debt is over $5,000. D) All of these.
Mishoe Corporation has provided the following contribution format income statement. Assume that the following information is within the relevant range. Sales (1,000 units)$50,000Variable expenses 32,500Contribution margin 17,500Fixed expenses 12,250Net operating income$5,250The break-even point in unit sales is closest to: (Round your intermediate calculations to 2 decimal places.)
A. 700 units B. 650 units C. 0 units D. 895 units
Using a 365-day year, the maturity value of a 180-day note for $3,000 at 9% annual interest is: (Do not round any intermediary calculations. Round your final answer to the nearest cent.)
A) $2,866.85. B) $133.15. C) $3,133.15. D) $270.00.