Price fixing tends to eliminate competition

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T

Business

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One way to avoid being accused of defamation is to stick to the facts when communicating with customers

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Business

James Company has 1400 shares of $100 par preferred stock, which were issued at par. It also has 29,000 shares of common stock outstanding, and its total stockholders' equity equals $615,600. The book value per common share is:

A. $100.00. B. $16.40. C. $15.64. D. $21.23. E. $20.25.

Business

The following information describes a product expected to be produced and sold by Garr Company:Selling price………………………………………$80 per unitVariable costs……………………………………$32 per unitTotal fixed costs…………………………………$630,000Required:(a) Calculate the contribution margin ratio.(b) Calculate the break-even point in dollar sales.(c) What dollar amount of sales would be necessary to achieve a pretax income of $120,000?

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Business

Freedom of Religion is guaranteed by each state under the 1st Amendment

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Business