Receipt of a share of business profits is prima facie evidence of a general partnership
Indicate whether the statement is true or false
TRUE
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When determining delivery of a message, a general rule of thumb is "the sooner the better."
Indicate whether the statement is true or false.
A photocopier cost $104,000 when new and has accumulated depreciation of $95,000. If the business discards this plant asset, the result is ________.
A) a loss of $9000 B) a loss of $95,000 C) a gain of $9000 D) no gain or no loss
The results of a least squares regression to separate the monthly utilities cost into its fixed and variable components were as follows: Y = 5,472 + .036 X X = the number of units produced R2 = .735 Which of the following statements is not true of the cost model?
a. Y represents the total semi-variable cost. b. The total monthly fixed utilities costs are $5,472. c. Y is referred to as the independent variable. d. The equation would be represented as a straight line on a graph.
Companies like Home Depot sell to the B2B market and B2C market out of the same store. This puts the company in the category of a(n) ________.
A. market maven B. reseller C. gatekeeper D. out supplier E. cottage industry