Trade associations gather data to help the organizations in a specific industry.

Answer the following statement true (T) or false (F)


True

Business

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On January 1, 2018, the Husky Corporation acquired 90% of the Spartan Company's voting stock for $2,700,000. Spartan's net assets had a book value of $2,450,000; the fair value of Spartan's building was $325,000 greater than its book value. The book value of Husky's net assets immediately after the acquisition of Spartan totaled $6,850,000.What is total stockholders' equity on the January 1, 2018 consolidated balance sheet?

A. $6,850,000 B. $7,120,000 C. $9,300,000 D. $7,150,000

Business

Value stream mapping (VSM) ______.

A. is typically done once an organization has converted to a lean system B. facilitates identifying sources and causes of waste C. has the potential to increase the carbon footprint D. is applied only in push production systems

Business

What is one important advantage of modularity?

a. It increases the cost of doing business b. It reduces the margin on products c. It can create new streams of revenue d. It can focus your revenue on one revenue stream only

Business

Jimmy Lane, the owner of a convenience store, suspects that Tom has shoplifted a can of pop. Jimmy approached Tom and demanded to look into his backpack

Tom refused whereupon Jimmy grabbed Tom, spun him around and opened his backpack to discover the can of pop. Which of the following statements best describes the legal position? A) Tom has committed the tort of conversion B) Jimmy has committed the tort of false imprisonment C) Jimmy has not committed any torts D) Jimmy has committed the tort of assault E) Both A and D

Business