Open-source software is developed by employees of a particular company

Indicate whether the statement is true or false


FALSE
Explanation: Open source software is developed by a community of interested people instead of employees of a company.

Business

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Which of the following is the appropriate entry to record the declaration of cash dividends?

a. Dividends Payable – Debit; Cash – Credit b. Additional Paid-in Capital – Debit; Dividends Payable – Credit c. Dividends– Debit; Dividends Payable – Credit d. Retained Earnings– Debit; Cash – Credit

Business

Evans Tiles Company has estimated the following amounts for its next fiscal year

Total fixed costs $832,000 Sales price per unit 44 Variable costs per unit 20 What will happen to the breakeven point (in units) if Evans can reduce fixed costs by $22,000? (Round your answer up to the nearest whole unit.) A) The breakeven point will decrease by 917 units. B) The breakeven point will decrease by 1,100 units. C) The breakeven point will increase by 1,100 units. D) The breakeven point will increase by 500 units.

Business

The Fair Labor Standards Act of 1938mandated that men and women doing equal jobs receive equal pay.

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

Business

________ can be used as a rough measure of a firm's efficiency in satisfying customers.

A. Macro-marketing B. Profits C. Returns D. The marketing mix E. Production

Business