One of the main functions of marketing is to ________.

Glen is a lineman. He has to climb up telephone poles all day long. In order to do his job all day without becoming overly fatigued, Glen must have a high degree of ________ strength.

A. sensory B. response C. explosive D. static E. dynamic

Martinez Company makes leather cowboy hats. Each hat requires 1/2 yard of leather to produce. At the beginning of the year, the company had (a) 75 hats in Finished Goods Inventory and (b) 60 yards of leather at a cost of $12 per yard in Raw Materials Inventory. During the year, the company purchased 850 more yards of leather at $12 per yard and manufactured 1,600 hats. Determine the unit and dollar amounts of leather Raw Materials Inventory at the end of the year.

What will be an ideal response?

On April 1, 2018, Optimum issued 5,000 new common shares with a market value of $50.00 per share as consideration for Electra's net assets. Prior to the issue, Optimum had 10,000 outstanding common shares.

a) Calculate the amount of Goodwill arising from this combination.
b) Prepare the journal entry to record Optimum's acquisition of Electra's assets.
c) Prepare Optimum's Consolidated Balance Sheet immediately following its
acquisition of Electra's assets.
d) Prepare Electra's Balance Sheet following the acquisition.

Authorized capital stock is shares:

a. listed in the charter b. issued to the corporation’s officers c. sold and in stockholder possession d. that pay dividend