With regards to trade prohibitions, Article 81 of the European Community Treaty is analogous to Section 2 of the Clayton Act

Indicate whether the statement is true or false


False

Business

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Which of the following would NOT be reported in the stockholders' equity section of the balance sheet?

a. Retained earnings appropriated for future plant expansion b. Dividends declared on preferred stock c. Paid-in capital in excess of par value d. Deficit in retained earnings

Business

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

1. The use of injunctions to stop or limit picketing during strikes had a significant and negative impact on unionization by turning public support away from unions and demoralizing strikers. 2. Property rights of an employer include the right to do business, to hire and fire employees, and to interact with customers 3. In addition to being used against strikers and unions, the injunction was frequently used against one business when its actions were deemed to threaten the property rights of another business. 4. A yellow dog contract is a promise by employers to hire only union workers at their place of business. 5. The Sherman Antitrust Act of 1890 was designed to outlaw monopolies and prevent their economic dominance over markets and over society.

Business

Kerekes Manufacturing Corporation has prepared the following overhead budget for next month.    Activity level 2500?machine-hoursVariable overhead costs:Supplies$11,250? Indirect labor 21,000? Fixed overhead costs:   Supervision 15,700? Utilities 5900? Depreciation 6900? Total overhead cost$60,750? The company's variable overhead costs are driven by machine-hours.What would be the total budgeted overhead cost for next month if the activity level is 2400 machine-hours rather than 2500 machine-hours?

A. $58,320 B. $59,460 C. $60,750 D. $58,870

Business

How would a payment for rent paid in advance be classified?

A. Asset source transaction B. Asset exchange transaction C. Asset use transaction D. Claims exchange transaction

Business