A monopoly is illegal:
a. under any circumstances, under Section 2 of the Sherman Act.
b. only if it is gained or maintained by using wrongful tactics.
c. if you have greater than 50 percent of market share.
d. any time there are no interchangeable products.
b
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Which of the following is true of transporting goods via railroads?
A) Railroads are ideal for the transportation of digital technology. B) Railroads are a specialized means of shipping petroleum, natural gas, and chemicals from sources to markets. C) Railroads are a cost-effective way to ship large amounts of bulk products over long distances. D) Railroads are the most flexible mode of transportation in their routing and time schedules. E) Railroads are the slowest mode of transportation and are the most affected by the weather.
Which of the following is/are not true concerning accumulated other comprehensive income?
a. Firms measure marketable equity securities classified as available for sale at fair value and record the unrealized changes in fair value as an element of other comprehensive income. b. Firms remeasure derivatives designated as cash flow hedges to fair value at the end of each period and report the unrealized gain or loss in other comprehensive income. c. Firms translate the reported results of their foreign operations from local currencies into U.S. dollars in order to prepare consolidated financial statements. d. Firms must include gains and losses from changes in actuarial assumptions, actuarial performance, and prior service cost in other comprehensive income prior to their amortization as an adjustment to pension expense. e. none of the above
Garrison Company acquired $23,000 by issuing common stock. Which of the following accurately reflects how this event affects the company's financial statements? Assets=Liab.+EquityRev.?Exp.=Net Inc.Stmt ofCash FlowsA.23,000=NA+23,000NA?NA=NA23,000 FAB.23,000=NA+23,00023,000?NA=23,00023,000 FAC.23,000=23,000+NA23,000?NA=NA23,000 FAD.23,000=23,000+NA23,000?NA=23,00023,000 OA
A. Option A B. Option B C. Option C D. Option D
Given the following data, find the expected breakdown cost. The cost per breakdown is $100
Number of breakdowns 0 1 2 3 Monthly frequency 5 20 23 2