The factory personnel whose wages are traceable directly to a product include
a. maintenance personnel.
b. support personnel.
c. factory supervisors.
d. employees who help to shape the product.
D
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Of the following, which is a potential disadvantage of using a simulated test market?
A) It is not as accurate as full scale test markets. B) The distribution network may or may not properly represent the firm's actual distribution system. C) It is often very time consuming and expensive. D) They allow competitors to acquire knowledge of the test. E) all of the above
A bid made at an auction is an acceptance of an offer made by the auctioneer
Indicate whether the statement is true or false
Which of the following conditions is a prerequisite for any agreement to be legally enforceable?
A) The parties entering into the agreement must be over the age of thirty-five. B) The agreement must be made in a court of law. C) The parties entering into the agreement must have the mental capacity to contract. D) The agreement must be signed in the presence of a third party who witnessed the proceedings.
Dott Corporation generated $300,000 of state taxable income from selling its mapping software in States A and B. For the taxable year, the corporation’s activities within the two states were as follows: ? State A State B Total Sales$500,000 $1,500,000 $2,000,000 Property250,000 –0– 250,000 Payroll200,000 300,000 500,000 ? Dott has determined that it is subject to tax in both A and B. Both states utilize a three-factor apportionment formula that equally weights sales, property, and payroll. The rates of corporate income tax imposed in States A and B are 7% and 10%, respectively. Determine Dott’s total state income tax liability.
What will be an ideal response?