Picketing that prevents customers from entering an employer's place of business is illegal

Indicate whether the statement is true or false


TRUE

Business

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Kirstin is thinking about opening a Chinese restaurant and needs to buy a rice cooker. Machine A has fixed costs of $100 and variable costs of $1/pound. Machine B has fixed costs of $500 and variable costs of $.1/pound

If Kirstin plans to sell 100 pounds of rice, which machine should she choose? What is the cross-over point?

Business

The Rubble-Flintstone Company was started on January 1, Year 1 as a partnership. The initial investments from the two partners were $50,000 from Rubble and $30,000 from Flintstone. During Year 1, Rubble-Flintstone Company earned $70,000 in cash revenue, paid $42,000 in cash expenses and the partners withdrew $5,000 each for their personal use. The partnership agreement calls for equal sharing of net income or loss.Required:Using only the above information, prepare an income statement, a capital statement, and a balance sheet for the Rubble-Flintstone Company.

What will be an ideal response?

Business

Houses owned by institutional lenders through foreclosure are referred to as

a. commission free properties. b. reinstatement positioned. c. damaged properties. d. real estate owned (REO).

Business

The break-even point in units can be obtained by dividing total fixed expenses by the unit contribution margin.

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

Business