Threatening to immediately touch another person without justification, excuse or permission, in a way the other perceives as harmful or offensive, is the tort of

a. breach of good conduct.
b. battery, if the other person is visibly disturbed and literally shaking.
c. assault.
d. intentional infliction of mental disturbance.


c

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Swango Corporation has two production departments, Casting and Customizing. The company uses a job-order costing system and computes a predetermined overhead rate in each production department. The Casting Department's predetermined overhead rate is based on machine-hours and the Customizing Department's predetermined overhead rate is based on direct labor-hours. At the beginning of the current year, the company had made the following estimates: CastingCustomizingMachine-hours 19,000 11,000Direct labor-hours 1,000 8,000Total fixed manufacturing overhead cost$138,700$86,400Variable manufacturing overhead per machine-hour$1.60  Variable manufacturing overhead per direct labor-hour  $3.00The estimated total manufacturing overhead for the Customizing Department is closest to:

A. $60,379 B. $110,400 C. $24,000 D. $86,400

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An investment project is expected to yield $10,000 in annual revenues, has $2,000 in fixed costs per year, and requires an initial investment of $5,000 . Given a cost of goods sold of 60 percent of sales, what is the payback period in years?

a. 2.50 b. 5.00 c. 2.00 d. 1.25

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To determine whether a duty of care has been breached, a judge asks how he or she would have acted in the same circumstances.

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

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A stock is selling for $41.60. The strike price on a call, maturing in 6 months, is $45. The possible stock prices at the end of 6 months are $35.00 and $49.00. Interest rates are 5.0%

Given an under-priced option, what are the short sale proceeds in an arbitrage strategy? A) $6.36 B) $8.22 C) $10.43 D) $11.89

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