What is a liner ship?
a. an ocean going ship that travels a fixed route on a published schedule
b. a ship that travels inland waterways on a demand schedule
c. an ocean going cruise ship that handles passengers on specific routes
d. a ship owned or leased on a long-term, basis by the company moving the goods
A
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Under the mandates of the Racketeer Influenced and Corrupt Organizations Act (RICO), an individual injured by the racketeering activity of a company can:
A. claim only up to two times the damage plus attorneys' fees. B. claim three times the damage plus attorneys' fees. C. claim four times the damage plus attorneys' fees. D. recover the basic amount lost plus attorneys' fees.
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A company issued a mortgage note for land valued at $450,000 . The transaction would be reported on a:
a. statement of cash flows as both an investing and financing activity. b. statement of cash flows as an investing activity. c. separate schedule accompanying the statement of cash flows. d. retained earnings statement. e. balance sheet.
Infinity Clock Company prepared the following static budget for the? year:
Static Budget ?Units/Volume ?9,000 Per Unit Sales Revenue ?$5.00 ?$45,000 Variable Costs 1.50 ?13,500 Contribution Margin 31,500 Fixed Costs ?3,000 Operating? Income/(Loss) ?$28,500 If a flexible budget is prepared at a volume of? 8,900 units, calculate the amount of operating income. The production level is within the relevant range. A. ?$28,150 B. ?$27,000 C. ?$3,000 D. ?$7,800