Frida hires Gert, a real estate broker, to act as her agent to sell her house. The house burns down before being sold. The agency agreement is likely

a. still in force if Frida gives Gert additional consideration.
b. still in force if Gert does not tell prospective customers.
c. terminated by mutual consent of the parties.
d. terminated by operation of law.


d

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The equation for finding the breakeven point may be written as

a. S – VC – FC = 0. b. VC – FC = S. c. S + FC = VC. d. S + VC + FC = 0.

Business

Potion Corporation acquires 30% of the outstanding voting common shares of the Formula Corporation for $600,000 . Potion Corporation acquires the investment in Formula Corporation by buying previously issued shares of Formula Corporation from other investors. Between the time of the acquisition and the end of Potion Corporation's next accounting period, Formula Corporation reports earnings of

$80,000; and pays a dividend of $30,000 to holders of its common stock. Formula Corporation reports earnings of $100,000 and pays dividends of $40,000 during the subsequent accounting period. During the next accounting period, Potion Corporation sells one-fourth of its investment in Formula Corporation for $165,000 . After the sale, the balance in the Investment in Stock of Formula Corporation account is: a. $462,750 b. $465,750 c. $474,750 d. $481,750 e. $486,750

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Which of the following pricing approaches is most likely to accommodate prices lower than the

unit cost for short periods of time? A) penetration pricing approach B) target-return pricing approach C) markup pricing approach D) creaming pricing approach

Business

Indicate the plural form of the noun. dish

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