All other things being equal, a Boeing 787 costs the same worldwide. By contrast, beer, compact discs, and many other products that are available around the world are actually offered in markets that are national rather than global in nature
Indicate whether the statement is true or false
TRUE
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At December 31 . 2013 . Joplin Company had 350 shares of common stock outstanding. On October 1 . 2014, an additional 150 shares of common stock were issued. In addition, Joplin had $40,000 of 8 percent convertible bonds outstanding at December 31 . 2014, which are convertible in 225 shares of common stock. No bonds were converted into common stock in 2014 . Net income for the year ended December
31 . 2014, was $14,000 . Assuming an income tax rate of 50%, the basic earnings per share for the year ended December 31 . 2014, would be a. $27.84 b. $36.08 c. $44.32 d. $50.91
In Microsoft Office 2010, to increase focus on the subject of a photograph—
a. use Crop to cut away the blank space around the picture's subject. b. use an Artistic Effect or Picture Effect from the Picture Tools tab. c. enlarge the photograph to maximum height and width. d. place a six-point black border around the photograph.
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Indicate whether the statement is true or false
Tony signed a contract agreeing to purchase a used, high-powered boat for $10,000 . Prior to signing the contract, the sales representative explained that the boat motor was guaranteed for six months for all labor and parts. The written contract
contained nothing about the warranty; however, it did have an integration clause in it. Tony had problems with the boat motor, causing expensive repairs. Tony returned the boat to the sales representative for the repairs, only to learn the salesman denied knowing anything about a six-month warranty. If Tony sues, discuss the likely outcome.