Which of the following is the only required coverage if you do not have a lien on your car?
A) Liability coverage
B) Medical payments to others
C) Collision and comprehensive coverage
D) None of the coverages are required
Answer: A
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In __________ where direct advertising of prescription drugs is prohibited, online advertisements can reach potential consumers, using a disclaimer describing their intended audience.
Fill in the blank(s) with the appropriate word(s).
The hedging principle implies that permanent asset investments not financed by spontaneous
sources should be financed with permanent sources, and temporary investments not financed by spontaneous sources should be financed with temporary sources. Indicate whether the statement is true or false
Lori and Dan own a small restaurant as partners. Dan works several hours a day cooking, waiting on tables, doing the books, and so forth. Dan believes he is entitled to be paid at least a standard wage for all his work since, at the present time, the part-time kitchen helpers earn more than he does! Lori claims Dan is not entitled to anything other than one-half the net profits. Is Lori right?
A. Yes. The UPA states a partner may not collect a "wage" from the partnership business under any circumstances. B. Yes, if there is no agreement between Lori and Dan allowing for either of them to be paid wages for work done at the restaurant. C. No. Dan may collect only minimum wage, as required by federal law. D. No. Dan may collect a fair wage for the work he has performed.
Dietrick Corporation produces and sells two products. Data concerning those products for the most recent month appear below: Product B32LProduct K84BSales$46,000 $27,000 Variable expenses$13,800 $14,670 Fixed expenses for the entire company were $42,550.The break-even point for the entire company is closest to: (Round your intermediate calculations to 2 decimal places.)
A. $30,450 B. $42,550 C. $71,020 D. $69,754