The government's role in encouraging the policy set forth by the Pollution Prevention Act of 1990 is one of providing a(n) "________" as opposed to the "________" of direct end-pipe regulations
A) end; means
B) carrot; stick
C) recommendation; mandate
D) path; destination
B
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Carver Company's balance sheet and income statement are provided below:Carver CompanyBalance SheetDecember 31Assets?Cash$ 40,000Accounts receivable52,000Inventory80,000Plant and equipment, net of depreciation280,000Land held for future plant expansion 76,000Total assets$ 528,000??Liabilities and Stockholders' Equity?Accounts payable$ 45,000Notes payable58,000Capital stock, no par240,000Retained earnings 185,000Total liabilities and stockholders' equity$ 528,000Carver CompanyIncome StatementFor the Year Ended December 31Sales$ 330,000Less variable costs:? Manufacturing68,000 Selling and administrative 48,000Contribution margin$ 214,000Less fixed costs:? Manufacturing68,000
Selling and administrative 56,000Net income$ 90,000Required:Compute the margin, turnover, and return on investment for Carver Company. What will be an ideal response?
Griffin has fallen prey to hiring only Millennials in his new startup company. He feels that hiring someone from the Generation Xers will hold his company back regarding technology. What aspect of diversity does this represent?
a. Age b. Race and ethnicity c. Gender d. Ability
Dirk Davis purchases a piece of industrial wasteland. He knows that there is contamination in the soil, but he also knows that it is buried very deep and believes that it won't become known for at least 20 years
He incorporates Florida Condos Ltd, builds a condominium tower, and sells all the units – without, of course, disclosing the contamination. He then has the corporation, of which he is sole shareholder and director, distribute all the profits to him as dividend. The contamination "surfaces" within 12 months and the condo owners want to sue. Florida Condos has no assets, however, so they want to sue Dirk personally. Which of the following is FALSE? A) It is generally very difficult to persuade a court to pierce the corporate veil. B) It is not enough that it be just and equitable to pierce the corporate veil. C) Since Dirk knew of the contamination, his conduct was tantamount to fraud and justifies piecing the corporate veil. D) Dirk will not be liable personally because it was corporation that sold the condos not him personally E) The court could hold Dirk personally liable for financial losses as well as punitive damages
The futures price of a metal is $250 an ounce. Futures contracts are for 100 ounces, and the margin requirement is $3,000 a contract. The maintenance market requirement is $1,500. A speculator expects the price to rise and enters into a contract to buy the metal. a. How much must the speculator initially remit? b. If the futures price rises to $255, what is the profit and return on the position? c. If the futures price declines to $2.48, what is the loss on the position? f. If the futures price declines to $2.34, what must the speculator do? e. If the futures price continues to decline to $2.32, how much does the speculator have in the account?
What will be an ideal response?