A corporation is a separate legal entity capable of owning property, contracting, and being sued in its own name

Indicate whether the statement is true or false


True

Business

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A ______ audience is one composed of persons of diverse ages with different characteristics, attitudes, values, and knowledge.

a. homogenous b. heterogeneous c. united d. divided

Business

________ is a procedure for determining whether a set of objects can be ordered into an internally consistent, uni-dimensional scale

A) Magnitude estimation B) Q-sort scaling C) Guttman scaling D) None of the above

Business

Backgrounders, fact sheets, and FAQs are critical documents to include in press kits when subjects are particularly complicated

Indicate whether the statement is true or false

Business

Homeyer Corporation has provided the following data for its two most recent years of operation:   Selling price per unit$71Manufacturing costs:  Variable manufacturing cost per unit produced:  Direct materials$12Direct labor$6Variable manufacturing overhead$3Fixed manufacturing overhead per year$264,000Selling and administrative expenses:  Variable selling and administrative expense per unit sold$4Fixed selling and administrative expense per year$74,000 Year 1Year 2Units in beginning inventory03,000Units produced during the year11,00012,000Units sold during the year8,00014,000Units in ending inventory3,0001,000The net operating income (loss) under absorption costing in Year 1 is closest to:

A. $208,000 B. $30,000 C. $176,000 D. $102,000

Business