Which of the following is a characteristic of alternative dispute resolution?
A) They generally consume more time than litigations.
B) The person presiding over the resolution process is assigned by a court.
C) The presiding person is more likely to be familiar with the subject matter of the dispute than a judge would be.
D) The formal hearing times cannot be changed to accommodate the parties involved.
C
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Difficulty in adjusting inventory values to reflect style changes is a problem associated with _____
a. the cost method of accounting b. the retail method of accounting c. FIFO d. LIFO
A batch process requires ____________ flexibility versus a job shop.
a. More b. Less c. About the same d. Cannot be determined
________ leverage measures the effect of fixed ________ costs on the relationship between EBIT and EPS
A) Operating; operating B) Financial; financial C) Operating; financial D) Financial; operating
Watkins, Inc. acquires all of the outstanding stock of Glen Corporation on January 1, 2017. At that date, Glen owns only three assets and has no liabilities: BookValueFairValueLand$40,000 $50,000 Equipment (10-year life) 80,000 75,000 Building (20-year life) 200,000 300,000 ?If Watkins pays $450,000 in cash for Glen, what amount would be represented as the subsidiary's Equipment in a consolidation at December 31, 2019, assuming the book value of the equipment at that date is still $80,000?
A. $76,500. B. $80,000. C. $70,000. D. $75,000. E. $73,500.