Individual and institutional shareholders have the same rights that include all the following except
A. the right to bring suit for damages if the economy declines.
B. right to vote the proxy.
C. right to sell stock.
D. certain residual rights following the liquidation of the company once creditors and claimants are paid.
Answer: A
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Monty Boyd, an account manager, travels frequently on West Coast Airlines. Monty earns points for every mile he flies, and he will soon have enough points to receive a free airline ticket
West Coast Airlines is attempting to build a strong customer relationship with Monty through a ________. A) trade promotion B) promotional product C) rebate offer D) point-of-purchase promotion E) frequency marketing program
What are the methods and manners of acceptance as defined by the Uniform Commercial Code (UCC)?
What will be an ideal response?
Horton Company adopted a standard cost system several years ago. The standard costs for the prime costs of its single product are as follows: Material: 8 kilograms @ $5 per kilogram$40.00 Labor: 6 hours @ $8.20 per hour$49.20 The following operating data were taken from the records for November: Units completed 5,600unitsBudgeted output 6,000unitsPurchase of materials 50,000kilogramsTotal actual labor costs$300,760 Actual labor hours 36,500hoursMaterial efficiency (quantity) variance$1,500unfavorableTotal material variance$750unfavorableRequired:(Be sure to indicate whether the variances are favorable or unfavorable and show your work.) a. What is the direct labor rate variance for November?b. What is the direct labor efficiency variance for November?c. What is the
actual kilograms of material used in the production process during November?d. Assume the purchasing department is responsible for the material price variance, what is the actual price paid per kilogram of material during November (assume no increase/decrease in inventory during the month)? What will be an ideal response?
How are ideas tested in the implementation stage?
a. through a second round of brainstorming b. through low-cost prototypes c. by designing the final product d. by producing products and having the customer use them