The cost of aspirin and over-the-counter cough medicine is a deductible medical expense even though they are nonprescription drugs.

Answer the following statement true (T) or false (F)


False

Business

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In the BCG matrix, stars and cash cows require a similar level of investment of a company's resources

Indicate whether the statement is true or false

Business

Competition or antitrust laws are intended to prevent __________.

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

Business

Jayleen Company makes two products: Carpet Kleen and Floor Deodorizer. Operating information from the previous year follows. Carpet Kleen Floor DeodorizerUnits produced and sold 5,000   4,000 Machine hours used 5,000   2,000 Sales price per unit$7  $10 Variable cost per unit$4  $8 Fixed costs of $20,000 per year are presently allocated equally between both products. If the product mix were to change, total fixed costs would remain the same.Assuming there is unlimited demand for both products and Jayleen has 10,000 machine hours available, how many units of each product should be produced and sold? Carpet KleenFloor DeodorizerA.0 units0 unitsB.0 units20,000 unitsC.5,000 units10,000 unitsD.8,000 units4,000 unitsE.10,000 units0 units 

A. Choice A B. Choice B C. Choice C D. Choice D E. Choice E

Business

Simon Company has two foreign subsidiaries. One is located in France, the other in England. Simon has determined the U.S. dollar is the functional currency for the French subsidiary, while the British pound is the functional currency for the English subsidiary. Both subsidiaries maintain their books and records in their respective local currencies. What methods will Simon use to convert each of the subsidiary's financial statements into U.S. dollars?  English Subsidiary'sFinancial StatementsFrench Subsidiary'sFinancial StatementsA)TranslationTranslationB)RemeasurementRemeasurementC)RemeasurementTranslationD)TranslationRemeasurement

A. Option A B. Option B C. Option C D. Option D

Business