The distinction between horizontal and vertical restraints often determines whether a restraint is illegal per se or should be judged by the rule of reason test

Indicate whether the statement is true or false


True

Business

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The Kentucky Foam Products Company completed the flexible budget analysis for the second quarter, which is given below

Actual Results Flexible Budget Variance Flexible Budget Sales Volume Variance Static Budget Units 12,820 0 12,820 920 F 11,900 Sales Revenue $62,730 $1,270 U $64,000 $4,000 F $60,000 Variable Costs 27,600 700 U 26,900 $1,680 U 25,220 Contribution Margin $35,130 $1,970 U $37,100 $2,320 F $34,780 Fixed Costs 34,250 170 U 34,080 $0 34,080 Operating Income/(Loss) $880 $2,140 U $3,020 $2,320 F $700 Which of the following would be a correct analysis of the sales volume variance for variable costs? A) decrease in sales price per unit B) increase in variable cost per unit C) increase in sales volume D) increase in fixed costs

Business

The debt ratio is calculated by dividing total assets by total liabilities.

Answer the following statement true (T) or false (F)

Business

Refer to the data on Expected Demand for Acme Widgets. For the various demand scenarios and their associated probabilities, the option to build has an expected value of ______.


a. $27.80 million
b. $31.40 million
c. $41.60 million
d. $52.55 million

Business

________ refers to commercials on local television stations for which the advertisers negotiate directly with the individual stations.

A. Syndicated advertising B. Spot advertising C. Regional advertising D. Network advertising E. Rep advertising

Business