The department within a company that records, measures, and reports monetary transactions is called ________.
A. Marketing
B. Accounting
C. Human resources
D. Operations management
Answer: B
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What evidence may a company offer in defense to allegations of an antitrust violation under the rule of reason standard?
A. If the company violates the standard, there is no defense. B. There was no economic harm to the consumer. C. Its actions were justified and necessary under the economic conditions. D. The anticompetitive harm was not harmful to the government.
Which of the following statements is true of Chapter 13 of the Bankruptcy Code?
A. It does not help debtors to overcome their financial difficulties. B. It encourages extensions of credit. C. It reduces the amount of time allowed to repay debts. D. It permits reductions of debts.
A ________ is a grant by the federal government upon the inventor of an invention for the exclusive right to use, sell, or license the invention for a limited amount of time
A) copyright B) patent C) trade secret D) trademark
Croce, Inc., is investigating an investment in equipment that would have a useful life of 7 years. The company uses a discount rate of 8% in its capital budgeting. The net present value of the investment, excluding the salvage value, is ?$515,967. To the nearest whole dollar how large would the salvage value of the equipment have to be to make the investment in the equipment financially attractive? (Ignore income taxes.)Refer to Exhibit 12B-1 and Exhibit 12B-2, to determine the appropriate discount factor(s) using the tables provided.
A. $885,021 B. $41,277 C. $6,449,588 D. $515,967