Wild & Scenic River Tours, Inc, is a corporation. Wild & Scenic has the implied power to
a. issue stocks and bonds.
b. execute contracts and negotiable instruments.
c. buy and sell (or lease) property.
d. perform all acts reasonably appropriate and necessary to accomplish its corporate purposes.
d
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The strength to work through challenges and fears that might involve moral principles or uncertainties is considered ______.
a. moral certainty b. moral courage c. moral responsibility d. morality
In computing debt to tangible net worth, which of the following is not subtracted in the denominator?
a. Copyrights b. Goodwill c. Patents d. Investments e. Trademarks
In responding to the previous question (Question 5), think about and then discuss why in your analysis the reasonable standard of care differs for the above listed categories of individuals. Is there any logic on which to base these differences because of societal need and expectations? Does justice demand a different result? Why would the courts make these distinctions?
Federal Furniture manufactures a small table and a large table
The small table sells for $1,000, has variable costs of $560 per table, and takes 10 direct labor hours to manufacture. The large table sells for $1,700, has variable costs of $970, and takes eight direct labor hours to manufacture. Calculate the contribution margin per direct labor hour for the large table. (Round your answer to the nearest cent.) A) $91.25 per direct labor hour B) $55.00 per direct labor hour C) $44.00 per direct labor hour D) $73.00 per direct labor hour