Nero and Omar agree to buy natural gas to sell to Power Fuel Company and to share storage costs until Power Fuel can take delivery. The gas is commingled so that Nero's cannot be distinguished from Omar's. This is?
A) accession
B) confusion.
C) conversion.
D) a bailment.
B
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Adjustments for dilutive securities and the adjustment to weighted average number of shares outstanding presumes that the dilutive securities are converted to common shares
a. as of the beginning of the year. b. as of the end of the year. c. as of the middle of the year. d. as of the point in time where the maximum number of shares are outstanding.
With reference to the different types of markets, compare pure competition with monopolistic competition
What will be an ideal response?
A ____________ strategy in a new market involves setting a high price to recover development costs.
Fill in the blank(s) with the appropriate word(s).
An auditor's opinion that the company's financial statements fairly represent the company's financial position, the results of its operations, and the change in cash flows for the period under audit, in conformity with generally accepted accounting
principles is referred to as a(n) ________. A) disclaimer of opinion B) adverse opinion C) qualified opinion D) unqualified opinion