In a normal two-person conversation, more than 65% of the social meaning of what is communicated is conveyed:
A. in written format.
B. in a distorted manner.
C. by the receiver.
D. nonverbally.
E. orally.
Answer: D
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Marcel downloaded an episode of his daughter's favorite program to his cell phone to ward off a tantrum while they were shopping. Which of the four distinctive characteristics was most critical to enable this action?
A) It is tied to one user. B) It allows marketers to personalize messages. C) It is virtually always "on." D) It allows for immediate consumption as it is a distribution channel with a payment system. E) It is highly interactive given it allows for geotracking and picture and video taking.
Six months before filing for bankruptcy, Shirley sold her new car to her brother for $100 so that her creditors could not claim it. The market value of the car was $8,000 at the time of the sale. Under these circumstances, the transfer is ________.
A. voidable by the trustee because Shirley did not receive fair consideration for this transfer B. voidable by the creditors because it was done with intent to defraud the creditors C. not voidable because the transfer occurred between two relatives D. not voidable by the trustee because the transfer occurred 6 months before Shirley filed her bankruptcy petition
Ratios are most useful in identifying
a. causes. b. differences. c. relationships. d. trends.
Longhorn Corporation reported a loss for both financial reporting purposes and tax reporting purposes of $231,000 in 2014 . For financial reporting purposes, Longhorn reported income before taxes for years 2011-2013 as listed below: 2011 ............................ $ 66,000 2012 ............................ 99,000 2013 ............................ 132,000 Assuming Longhorn's tax rate is 30
percent in all periods, and that the company uses the carryback provisions, what amount should appear in Longhorn's statements for financial reporting purposes as a net loss in 2014? a. $0 b. $69,300 c. $161,700 d. $234,300