In an online blog, Oren states that Publicity Corporation invaded the privacy of individuals to collect marketing data for its clients. If the firm can prove all of the elements of defamation and Oren cannot assert a sufficient defense, Oren is most likely liable for
A. contempt.
B. malice.
C. libel.
D. slander.
Answer: C
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Stark Co. has liabilities of $105 million and total assets of $350 million. Its debt ratio is 40.0%.
Answer the following statement true (T) or false (F)
A cost that changes between the alternatives is known as a differential cost
Indicate whether the statement is true or false
The times interest earned ratio is calculated by dividing interest expense by income before interest expense, depreciation, and income taxes.
Answer the following statement true (T) or false (F)
Greenlaw Products uses job order costing and applies overhead to products using direct labor hours. Greenlaw has determined that their predetermined overhead is $4.00 per direct labor hour when an estimated 200,000 direct labor hours are incurred
During 2011 Greenlaw actually incurred a total of 215,000 direct labor hours and actual overhead costs ended up being $900,000. Greenlaw has no ending work-in-process or finished goods inventories. Required: A. What were Greenlaw's estimated total overhead costs for the year? B. By how much was overhead over- or underapplied? C. Assuming that cost of goods sold was $3,000,000 prior to the adjustment for over- or underapplied overhead, what will be the cost of goods sold amount after the year-end adjustment?