The cost of a business product may affect the distribution channel selected for it.

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


True

Business

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Estimating the amount of reclamation costs are an inherent risk associated with natural resources

a. True b. False Indicate whether the statement is true or false

Business

One of Ximena’s factory employees has been coming to work late on a frequent basis. Ximena is currently meeting with the employee and has just issued him an oral warning regarding his tardiness. At this point, what is the next step of the discipline model?

a. Get a commitment to change and develop a plan. b. Refer to past feedback. c. Summarize and state the follow-up. d. Give the discipline.

Business

A product is currently made in a process-focused shop, where fixed costs are $9,000 per year and variable cost is $50 per unit. The firm sells the product for $200 per unit

What is the break-even point for this operation? What is the profit (or loss) on a demand of 200 units per year?

Business

Steger Corporation was organized on July 15, Year 1. The company was authorized to issue 150,000 shares of $5 par value common stock and 50,000 shares of 9% cumulative class A preferred stock. The class A preferred stock had a stated value of $10 per share. Steger entered into the following stock transactions:a) Issued 50,000 shares of common stock for $22 per shareb) Issued 4,000 shares of the class A preferred stock for $20 per sharec) Issued 27,500 shares of common stock for $28 per shareRequired:Prepare the general journal entries required for these transactions.

What will be an ideal response?

Business