Trein, Inc entered into a one-year, $1 million contract with Mia, a sports celebrity, to promote Trein's products. E-presto Inc, a competitor of Trein, was interested in having Mia promote its products and knew of her contract with Trein. E-presto offered Mia a three-year, $5 million contract. Mia left Trein and signed with E-presto. Which statement is correct?
a. Trein is liable for tortious interference with a contract.
b. Mia is liable for tortious interference with a contract.
c. E-presto is liable for tortious interference with a contract.
d. Both Mia and E-presto are liable for tortious interference with a contract.
c
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Which of the following describes the allocation base for allocating manufacturing overhead costs?
A) the primary cost driver of indirect manufacturing costs B) the estimated base amount of manufacturing overhead costs in a year C) the percentage used to allocate direct labor to Work-in-Process Inventory D) the main element that causes direct costs
Paulina, the CEO of a steel company, invites Joseph, the representative of a potential partner firm, to visit her company. She is careful not to stress on Joseph's religious background as a means to start off a conversation. Instead, she maintains a strictly professional conversation with Joseph and stays neutral to his religious background. Which of the following biases does Paulina avoid in the given scenario?
A. Gender bias B. Ethnicity bias C. Age bias D. Disability bias
The present value of $1,000 received at the end of year 1, $1,200 received at the end of year 2, and $1,300 received at the end of year 3, assuming an opportunity cost of 7 percent, is ________
A) $2,500 B) $3,044 C) $6,516 D) $2,856
Polaris Industries produces a wide range of outdoor leisure vehicles including all-terrain vehicles (ATV's), motorcycles, and snowmobiles
Use the equation approach and Polaris' financial statement for Year 5 to calculate additional funds needed (AFN) in Year 6. Assume that sales in Year 6 will be $1.803494 billion. Assume a 0% dividend payout rate. Polaris Industries Inc. Income Statement and Balance Sheet As of December 31, Year 5 ($000's) Revenue $ 1,908,459 COGS 1,454,374 SG&A 213,114 Dep. Exp. 28,632 EBIT 212,339 Int. Exp. 4,713 Income Before Tax 207,626 Income Taxes 64,348 Net Income $ 143,278 ASSETS Cash $ 19,675 Accounts Receivable 354,313 Total current assets 373,988 PP&E 222,336 Goodwill 172,632 Total Assets $ 768,956 LIABILITIES AND OWNERS EQUITY Total Current Liabilities 381,299 Long Term Debt 18,000 Total Liabilities $ 399,299 Owners Equity Common Stock 417 Retained Earnings 369,240 Total Owners Equity 369,657 Total Liabilities and Owners Equity $ 768,956 A) -$135 million B) -$139 million C) -$146 million D) -$155 million E) $132 million