____ is a broad set of communication activities used to create and maintain favorable relations between the organization and its stakeholders.
A. Advertising
B. Selling
C. A press strategy
D. Public relations
E. Publicity
Answer: D
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Which of the following is not true?
a. Gains (losses) are increases (decreases) in net assets from peripheral or incidental transactions of an entity and from other transactions and events affecting the entity except those that result from revenues (expenses) or investments by (distributions to) owners. b. Firms usually report gains and losses from sales of assets or settlements of liabilities at a net amount; that is, equal to the difference between the net asset received and the carrying value of the asset sold or between the net asset given and the carrying value of the liability settled. c. Gains and losses may arise from the remeasurement of assets and liabilities. d. Firms realize gains and losses when they sell or exchange assets or settle liabilities in market transactions. e. Firms realize gains and losses when those items enter the measurement of net income or other comprehensive income.
Vertical price fixing strategies are _____
a. illegal per se b. subject to the rule of reason c. subject to state legislation d. confined to goods of "like quality"
Bacon Company makes four products in a single facility. These products have the following unit product costs: Products A B C DDirect materials$14.30 $10.20 $11.00 $10.60 Direct labor 19.40 27.40 33.60 40.40 Variable manufacturing overhead 4.30 2.70 2.60 3.20 Fixed manufacturing overhead 26.50 34.80 26.60 37.20 Unit product cost$64.50 $75.10 $73.80 $91.40 Additional data concerning these products are listed below. Products A B C DGrinding minutes per unit 3.80 5.30 4.30 3.40 Selling price per unit$76.10 $93.50 $87.40 $104.20 Variable selling cost per unit$2.20 $1.20 $3.30 $1.60 Monthly demand in units 4,000 4,000 3,000 2,000 The grinding machines are the
constraint in the production facility. A total of 53,600 minutes is available per month on these machines.Direct labor is a variable cost in this company.How many minutes of grinding machine time would be required to satisfy demand for all four products? A. 13,000 B. 56,100 C. 53,600 D. 40,900
Preferred stock is valued as if it were a ________
A) fixed-income obligation B) bond C) perpetuity D) common stock