A human resource department spent these amounts of time in hiring a technician: 0.7 hours reviewing the application, 1.8 hours checking references, 0.8 hours interviewing, and 2.2 hours approving the budget. These costs were charged at $220 an hour. Overhead costs of adding a new technician are $450. What was the total cost of hiring the technician?
$1,660
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Waxman Company purchased a patent for $170,000 at the beginning of 2013, and estimated that its expected useful life was 10 years. The patent has a legal life of 17 years. What amount should be recorded as amortization expense for the patent in 2013?
a. $ -0- b. $ 7,000 c. $10,000 d. $17,000
When implementing discipline as part of managing your negotiating team, establish ________ signals for communicating with other team members-much like those used by sports coaches from the bench.
Fill in the blank(s) with the appropriate word(s).
Which of the following is/are true?
a. Firms sometimes issue bonds with stock warrants attached and allocate the amount received between the bonds and the warrants based on their respective fair values. b. When firms issue convertible bonds U.S. GAAP requires firms to allocate the full issue price to the bonds and none to the conversion feature. c. IFRS requires firms to allocate the issue price between the bonds and the conversion feature. d. Under IFRS, the firm allocates the issue price of bonds with terms similar to those issued but without the conversion feature to the bonds and the remainder of the issue price to the conversion option. e. all of the above
Identify and briefly describe a local company's strategic options in competing against global challengers.
What will be an ideal response?