The popular cupcake chain Sprinkles, which first launched in Southern California in 2005, recently settled a trademark infringement lawsuit against a Connecticut bakery that was calling itself Pink Sprinkles. The latter was forced to change its name to Pink Cupcake Shack because it was apparently violating provisions of the
A. Sherman Antitrust Act.
B. CAN-SPAM Act.
C. Consumer Bill of Rights.
D. Consumer Product Safety Act.
E. Lanham Act.
Answer: E
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A chart of accounts is a
a. subsidiary ledger. b. listing of all account titles. c. general ledger. d. general journal.
A company's income statement showed the following: net income, $134,000; depreciation expense, $30,000; and gain on sale of plant assets, $4,000. An examination of the company's current assets and current liabilities showed the following changes: accounts receivable decreased $9,400; merchandise inventory increased $18,000; prepaid expenses increased $6,200; accounts payable increased $3,400. Calculate the net cash provided or used by operating activities.
A. $156,600. B. $96,600. C. $141,000. D. $88,600. E. $148,600.
Which of the following is true of the change in the weighted average cost of capital of a firm??
A. A decrease in the weighted average cost of the capital increases the value of the firm.? B. ?An increase in the weighted average cost of the capital increases the value of the firm. C. ?A decrease in the weighted average cost of the capital decreases the value of the firm. D. ?A decrease in the weighted average cost of the capital increases the cash flow generated by the investments. E. ?Any change in the weighted average cost of capital results in no change in the value of the firm.
Team process training helps a team function and perform more effectively as an intact unit.
Answer the following statement true (T) or false (F)