The Constitution gives Congress the power to tax in:
a. Article II, Section 6, Clause 1 b. Article II, Section 7, Clause 1 c. Article I, Section 8, Clause 1
d. Article III, Section 9, Clause 1 e. Article IV, Section 10, Clause 1
c
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The quality of earnings refers to the substance of earnings and their sustainability into future periods
Indicate whether the statement is true or false
If a plaintiff needs to prove actual malice in a defamation case, the plaintiff must show that the defendant ________.
A. made a false statement, and that the defendant either knew that the statement was false or showed reckless disregard that the statement was false B. made a false statement, or that the defendant either knew that the statement was false or showed reckless disregard that the statement was false C. made a false statement, and that the defendant either knew that the statement was false or showed negligent disregard that the statement was false D. made a false statement, or that the defendant either knew that the statement was false or showed negligent disregard that the statement was false
Quality Products produces and sells screen-printed t-shirts to local organizations. The normal sales price per shirt is $12. Due to setup costs, they only accept orders of at least 100 shirts. The setup cost per order is $40 and the variable costs per
shirt are $3. Fixed overhead costs per month total $2,000. Quality Products has the capacity to screen-print as many as 5,000 shirts per month, but is currently producing around 3,000. On May 1, the company was approached by a local non-profit group who wishes to place a single order for 100 shirts. The non-profit group has indicated that they can only pay $5 per shirt. Required: A. List two qualitative factors that should be considered by Quality Products before accepting the special order. B. What are the total relevant costs of accepting the special order? C. From a quantitative basis, should they accept the special order? By what amount will Quality Product's net income increase or decrease if they accept the special order?
Answer the following statement(s) true (T) or false (F)
1. In a typical supply chain, product flows away from the customer. 2. Companies often have multiple supply chains. 3. The pursuit of lower costs has led to supply chains that are less global. 4. Enhanced information sharing is a by-product of collaboration in a supply chain. 5. Demand management involves the use of forecasts to plan purchasing, production, and distribution activities.