Trading securities should be reported on the financial statements at fair market value
a. True
b. False
Indicate whether the statement is true or false
True
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A tile manufacturer has supplied the following data: Boxes of tiles produced and sold 520,000Sales revenue$2,132,000Variable manufacturing expense$650,000Fixed manufacturing expense$464,000Variable selling and administrative expense$260,000Fixed selling and administrative expense$312,000Net operating income$446,000The company's contribution margin ratio is closest to:
A. 57.3% B. 45.8% C. 21.0% D. 42.7%
The wheel of loyalty is composed of which of the following three main components?
a. Create loyalty bonds; deliver quality service; segment the market b. Create loyalty bonds; build higher level bonds; deliver quality service c. Build a foundation for loyalty; create bundling; build higher level bonds d. Build a foundation for loyalty; create loyalty bonds; reduce churn drivers e. Create loyalty bonds; understand customer value; understand service value
Crafting a company's strategy is best described as
A. always the product of brilliant corporate entrepreneurs. B. the exclusive province of top management-owner-entrepreneurs, CEOs, and other very senior executives. C. being assumed by an elite group of corporate entrepreneurs. D. involving the board of directors in the lead role in crafting a company's strategy. E. delegation of considerable strategy-making authority to down-the-line managers in charge of particular subsidiaries, product lines, geographic sales offices, and plants in companies that are diversified geographically or by product/market.
The regulation of the practice of law is done at what level?
A) State B) Federal C) City