A franchiser sells the right to produce a product or service to the franchisee

Indicate whether the statement is true or false


TRUE

Business

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Before a stock dividend can be declared or paid, there must be sufficient cash

a. True b. False Indicate whether the statement is true or false

Business

Kostelnik Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. The company based its predetermined overhead rate for the current year on total fixed manufacturing overhead cost of $237,000, variable manufacturing overhead of $3.90 per machine-hour, and 30,000 machine-hours. The company has provided the following data concerning Job A496 which was recently completed:Number of units in the job20Total machine-hours80Direct materials$500Direct labor cost$2,160The unit product cost for Job A496 is closest to: (Round your intermediate calculations to 2 decimal places.)

A. $133.00 B. $72.20 C. $180.20 D. $45.05

Business

The word preferred in the phrase preferred stock means that an owner of preferred stock has some advantages over a bondholder

Indicate whether the statement is true or false

Business

Once a negotiation process begins, during its earliest phase we should include the other party in a problem-solving session to identify alternative outcomes. This technique is called:

A) Broadening options. B) Identifying shared interests. C) Inclusive brainstorming. D) Objective criteria.

Business