Consumers benefit in dealing with retail corporate chains because
A. corporate chains have more experience than other forms of retailers.
B. there are multiple outlets, each with its own varied merchandise and different management policies.
C. they can own stock in the same company where they shop since corporate chain stock must be publicly-traded.
D. the latter can bargain with a manufacturer to obtain product volume discounts on orders, which can be passed on to consumers in terms of lower prices.
E. merchandise is arranged and displayed by professional designers making their shopping experience less stressful.
Answer: D
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The Securities Exchange Commission (SEC) is concerned with:
A) developing a new conceptual framework in order to reduce differences in financial reports for global companies. B) setting accounting rules for all companies that are incorporated in the United States. C) setting accounting rules for publicly-traded companies in the United States. D) working to reduce differences in accounting reports issued by governmental units.
A company's total liabilities divided by its total stockholders' equity is called the:
A. Equity ratio. B. Debt-to-equity ratio. C. Return on total assets ratio. D. Pledged assets to secured liabilities ratio. E. Times secured liabilities earned ratio.
Metaline Corp. uses the weighted average method for inventory costs and had the following information available for the year. Calculate the equivalent units of production for the year: Beginning Work in Process (40% complete, $1,100)200 units Ending inventory of Work in Process (80% complete)400 units Total units started during the year3,200 units
A. 3,240 units. B. 3,320 units. C. 3,520 units. D. 3,200 units. E. 3,800 units.
If a small manufacturer of vacuum cleaners conditions the sales of its cleaners on the buyer's purchasing only that manufacturer's bags, under the Sherman Act this is:
a. illegal per se. b. a tying arrangement, which will be closely scrutinized by the law. c. a vertical customer restriction. d. no violation.