State corporation statues set up the legal framework for corporate governance.
Answer the following statement true (T) or false (F)
True
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In the context of the business costs of ethical failures, Level 1 costs that are less damaging and get more executive attention are the costs of
A. government fines and penalties. B. loss of reputation. C. corrective actions. D. remedial education. E. employee turnover and replacement.
What are the implications of the trends of points in a scatter diagram?
Moskowitz Corporation has provided the following data for its two most recent years of operation: Selling price per unit$91 Manufacturing costs: Variable manufacturing cost per unit produced: Direct materials$13Direct labor$7Variable manufacturing overhead$3Fixed manufacturing overhead per year$480,000Selling and administrative expenses: Variable selling and administrative expense per unit sold$6Fixed selling and administrative expense per year$84,000 Year 1Year 2Units in beginning inventory03,000Units produced during the year12,00010,000Units sold during the year9,00010,000Units in ending inventory3,0003,000The unit product cost under variable costing in Year 1 is closest to:
A. $63.00 B. $29.00 C. $69.00 D. $23.00
Suppose you purchase one Texas Insurance August 75 call contract quoted at $8.50 and write one Texas Insurance August 80 call contract quoted at $6. If, at expiration, the price of a share of Texas Instruments stock is $79, your profit would be _________.
A. $150 B. $400 C. $600 D. $1,850