The main issue in CASE 8.1 Option Wireless, Ltd. v. OpenPeak, Inc (2012) involved the so-called "knockout rule."
a. True
b. False
Indicate whether the statement is true or false
True
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Suppose the banking market in Cedar Rapids consists of banks that have the following shares of the market: 24 percent, 18 percent, 17 percent, 14 percent, 9 percent, 8 percent, 4 percent, 3 percent, 2 percent, 1 percent. Calculate the HHI.
A. 100 B. 576 C. 780 D. 1,560
A company's balance sheet shows the account, Notes Payable. This resulted from a loan made by the company's bank. If the end-of-year balance in the notes payable account exceeds the beginning-of-year balance by $5,000, this is shown on the cash flow statement as an
a. inflow of cash of $5,000 in the operating activities category. b. outflow of cash of $5,000 in the operating activities category. c. inflow of cash of $5,000 in the financing activities category. d. outflow of cash of $5,000 in the financing activities category.
The 9-box grid is used to compare employees within one department, function, or division or within the entire company.
Answer the following statement true (T) or false (F)
Suppose you buy lunch for $8.39 that includes a 5% sales tax. How much did the restaurant charge you for the lunch (excluding any tax) and how much does the restaurant owe for sales tax? (Do not round intermediate calculations. Round the answers to 2 decimal places.)
A. $7.99 for lunch and $0.40 for sales tax. B. $8.81 for lunch and $0.42 for sales tax. C. $8.39 for lunch and $0.42 for sales tax. D. $8.39 for lunch and no sales tax.