Blair and Chanel are holders of common stock in Discount Retail Stores, Inc Like other holders of common stock, they have a residual position in the overall financial structure of Discount Retail, because they

a. are guaranteed to receive more than the amount of their investment.
b. are the last to receive returns for their investment.
c. have priority to the firm's assets if itbecomes in¬solvent.
d. reside in the state of the firm's incorporation.


B

Business

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When marketers refer to "fast-food culture", or "credit-card culture" they are referring to a cosmopolitan culture which is comprised of various segments of the population which are interconnected

Indicate whether the statement is true or false

Business

According to Oliver (1990) organizations collaborate for six main reasons: Necessity, Asymmetry, Reciprocity, Efficiency, Stability, and Legitimacy. The reason organizations collaborate to mutually benefit from their relationship is __________.

a. Asymmetry b. Efficiency c. Necessity d. Reciprocity

Business

Crinkle Cut Clothes Company manufactures two products CC1 and CC2. Current direct material and direct labor costs are detailed below. Next year the company wishes to use a plantwide overhead rate with direct labor hours as its allocation base. Next year's overhead is estimated to be $338,250. The direct labor and direct materials costs are estimated to be consistent with the current year. Direct labor costs $28 per hour and the company expects to manufacture 22,000 units of CC1 and 91,000 units of CC2 next year. DirectMaterialper UnitDirectLabor Dollarsper UnitCC1$37.10 $22.40 CC2$25.20 $15.40   Compute the plantwide overhead rate for next year.

A. $28.00 per DLH. B. $37.80 per DLH. C. $0.20 per DLH. D. $5.00 per DLH. E. $1.35 per DLH.

Business

A(n) idiom is an expression that has been so overused, it communicates little information. _________________________

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

Business