The hub of a city's telephone network, which has direct connections to businesses and residences, is known as

a. the toll office
b. the central office
c. the toll-connecting trunk
d. the tandem office


b

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Which of the following is not included in the prefatory parts of a formal report?

A) cover B) letter of authorization C) introduction D) table of contents E) title page

Business

The _____ code is large enough to identify more than 100 times the number of products and manufacturers that the 12-digit UPCs could.

Fill in the blank(s) with the appropriate word(s).

Business

Full rule of reason analysis:

A. is a "quick look" form of rule of reason analysis. B. is utilized for restraints that have an obvious adverse impact on competition. C. applies to restraints that are facially illegal like per se restraints. D. cannot be determined until after a court conducts a thorough market analysis.

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Financial statements for Maraby Corporation appear below:Maraby CorporationBalance SheetDecember 31, Year 2 and Year 1(dollars in thousands) Year 2Year 1Current assets:        Cash and marketable securities$220 $190   Accounts receivable, net 190  160   Inventory 140  150   Prepaid expenses 70  80 Total current assets 620  580 Noncurrent assets:        Plant & equipment, net 1,180  1,150 Total assets$ 1,800 $ 1,730        Current liabilities:        Accounts payable$100 $120   Accrued liabilities 100  70   Notes payable, short term 160  160 Total current liabilities 360  350 Noncurrent liabilities:        Bonds payable 450  500 Total liabilities 810  850 Stockholders' equity:       

Common stock, $5 par 160  160   Additional paid-in capital 200  200   Retained earnings 630  520 Total stockholders' equity 990  880 Total liabilities & stockholders' equity$ 1,800 $ 1,730 Maraby CorporationIncome StatementFor the Year Ended December 31, Year 2(dollars in thousands)Sales (all on account)$1,960 Cost of goods sold 1,370 Gross margin 590 Selling and administrative expense 230 Net operating income 360 Interest expense 50 Net income before taxes 310 Income taxes (30%) 93 Net income$  217 Maraby Corporation's working capital (in thousands of dollars) at the end of Year 2 was closest to: A. $360 B. $990 C. $260 D. $620

Business