Examples of ____ include music CDs, the contents of an apartment, employees, inventory, and customers.
A. keys
B. entities
C. properties
D. attributes
Answer: B
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A union declares it will be engaging in a partial strike whereby its employees will alternate between working for a period of time and then walking off the job for an indefinite time. Thus, employees may work for a few days or only a few hours before walking off the job again. The employer claims the union does not have the legal right to engage in a partial strike. Which statement is correct?
a. The employer is correct. The union must either strike or work—it cannot alternate between working and striking. b. The employer is correct only if the union does not state the specific hours or days workers will be off the job. The law requires the union to provide the employer with at least seven days' notice of when workers will be off the job. c. The employer is not correct since the NLRA expressly states workers have a right to engage in a partial strike. d. Whether the employer is correct depends on state law.
Fiori Corporation's relevant range of activity is 3,000 units to 7,000 units. When it produces and sells 5,000 units, its average costs per unit are as follows: Average Cost per UnitDirect materials$6.05Direct labor$3.05Variable manufacturing overhead$1.70Fixed manufacturing overhead$3.00Fixed selling expense$0.50Fixed administrative expense$0.40Sales commissions$1.00Variable administrative expense$0.50 The incremental manufacturing cost that the company will incur if it increases production from 5,000 to 5,001 units is closest to:
A. $13.80 B. $10.80 C. $16.20 D. $14.30
The Allied Computer Co. has sales of $300 million, a net profit margin of 9%, and 10 million shares of common stock outstanding. It has no preferred stock outstanding
If Allied stock trades at $50 per share, it has a price/earnings ratio of 20.9. Indicate whether the statement is true or false.
When a general partnership is dissolved, which of the following is a correct statement?? A) ?The partnership is terminated
B) ?The partners no longer have personal liability for the partnership debts. C) ?The partners no longer have authority to contract. D) ?Some of the partners may have the right to continue the partnership.