Company X contributes to a group that opposes increases in state taxes. State Y has a law that prohibits businesses from donating money when the money may influence how people vote on issues. X challenges the law. A court will likely find:
a. X is guilty of violating a valid state law
b. the law is invalid because it impedes interstate commerce
c. the law is invalid because it violates the First Amendment rights of the business d. the law is valid because it seeks only to restrict political speech by business
e. the law is valid because states have the right to regulate political speech in general
c
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Caruso, Inc has an inventory turnover rate of 8 times. If its cost of goods sold is $150,000, then
a. The company will report sales of $1,200,000. b. The gross margin will be $1,200,000. c. The company's average inventory is $18,750. d. It sells its inventory 1,200 times per year.
Cash paid to acquire treasury stock should be shown on the statement of cash flows from investing activities
Indicate whether the statement is true or false
When consumers experience an increase in the general level of prices of products over a period of time, ________ has occurred.
Fill in the blank(s) with the appropriate word(s).
1 If you feel good about yourself, you have:
a. self-esteem. b. self-centeredness. c. self-discipline. d. self-awareness.