The profit a seller makes at auction is a function of all of the following except:
A. initial pricing.
B. auction length.
C. the number of units for auction.
D. watch lists.
Answer: D
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If a company uses the contra account, Accumulated Amortization, this account is typically shown on the balance sheet
Indicate whether the statement is true or false
Prime Company acquired 100 percent of the voting common shares of Standard Video Corporation, its bitter rival, by issuing bonds with a par value and fair value of $150,000. Immediately prior to the acquisition, Prime reported total assets of $500,000, liabilities of $280,000, and stockholders' equity of $220,000. At that date, Standard Video reported total assets of $400,000, liabilities of $250,000, and stockholders' equity of $150,000. Included in Standard's liabilities was an account payable to Prime in the amount of $20,000, which Prime included in its accounts receivable.Based on the preceding information, what amount of total assets did Prime report in its separate balance sheet immediately after the acquisition before any consolidation with Standard Video?
A. $650,000 B. $500,000 C. $750,000 D. $900,000
Clara is the human resources manager for her company, Global Distinctions, Inc The president of the company has just told Clara that the company needs to hire a Chief Information Officer (CIO) for the company
Clara's first step will be to write a job description for the new role. What are the major responsibilities that Clara should include in the job description for the new CIO?
The fact that a point estimate will likely be different from the corresponding population value is due to the fact that point estimates are subject to sampling error
Indicate whether the statement is true or false