In Davis v. West, where Davis was sued for not having paid a bill and a court-appointed receiver took money from a bank account owned by Davis, the receiver was held personally liable for removing the funds improperly without notice

a. True
b. False
Indicate whether the statement is true or false


False

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Wickland Company installs a manufacturing machine in its production facility at the beginning of the year at a cost of $87,000. The machine's useful life is estimated to be 5 years, or 400,000 units of product, with a $7,000 salvage value. During its second year, the machine produces 84,500 units of product. What journal entry would be needed to record the machines' second year depreciation under the units-of-production method?

A. Debit Depreciation Expense $16,900; credit Accumulated Depreciation $16,900. B. Debit Depletion Expense $16,900; credit Accumulated Depletion $16,900. C. Debit Depletion Expense $16,000; credit Accumulated Depletion $16,000. D. Debit Depreciation Expense $16,000; credit Accumulated Depreciation $16,000. E. Debit Amortization Expense $16,900; credit Accumulated Amortization $16,900.

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I ____ remember the password for my LinkedIn account

A) can not B) cannot C) can-not

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Julia wants her firm's gourmet snacks to be the leading brand in the U.S. market. When adopting a pricing strategy designed to gain market share, she should remember that

A. total value equals total cost minus variable costs leading to price escalation. B. companies can gain market share by offering low-quality products at a high price. C. prestige products need to be competitively priced. D. price wars are the way to become the dominant brand. E. rarely is the lowest-price offering the dominant brand in a market.

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Which of the following is a major step that a modeler must follow to solve large linear programming models?

a. Setting up a template that represents equations of the objective function and constraints. b. Invoking Solver to generate results c. Both a and b d. None of the above ? Chapter 4

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