In Fortune's annual list of the 500 biggest companies in the world, 156 firms were from emerging markets in 2015 compared to 18 in 1996, owing to
A. the lower living standards throughout the world.
B. a divergence in world living standards.
C. traditional purchasing habits.
D. a rapid rise in global capitalism.
Answer: D
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The Norran Company needs 15,000 units of a certain part to use in its production cycle. If Norran buys the part from Waterloo Company instead of making it, Norran could not use the released facilities in another activity; thus, all of the fixed overhead applied will continue regardless of what decision is made. Accounting records provide the following data: Cost to Norran to make the part: Direct
materials, $3 Direct labor, $12 Variable overhead, $13 Fixed overhead applied, $8 Cost to buy the part from the Waterloo Company, $27 In deciding whether to make or buy the part, Norran's total relevant costs to make the part are a. $360,000. b. $240,000. c. $420,000. d. $405,000.
Harun is a newly arrived legal immigrant to the United States and secures a new job quickly. But he is soon fired from the new job based on a factor related to his race or ethnicity. Which of the following reasons might his new employer have used that is not considered illegal discrimination?
a. The customer base of the business vastly prefers Caucasian employees and the business would suffer with Harun. b. Harun’s English skills are not good enough to perform the job required. c. Harun’s country of national origin has been placed on a terrorist watch list by the United States. d. Other employees have shown a strong dislike for Harun, to a degree that is affecting the business.
An example of the "course of dealing" concept that courts will use in interpreting a contract under the UCC would be:
a. Steven and Michelle have been involved in contracts together for over 5 years. Steven maintains the sign for Michelle's restaurant. Each time Steven sees the sign needs repair, he fixes it without need of express consent from Michelle. Michelle has always paid the bill promptly. b. Temaco, Superior Oil, and AllBig, are the largest national oil companies in the country. In each refinery, orders are placed at the beginning of each quarter for priority delivery to distributors. c. Bob sees an ad in the local paper for heritage flower seeds sold by Mel. He calls Mel and is so excited by his find that he orders a quantity of the seeds to be shipped as soon as possible but does not inquire as to price. Mel sends him the seeds and the invoice. d. None of the above.
What is the reliability of the three components connected in series shown below?
A) 0.799425 B) 0.85000 C) 0.91333 D) 0.95000 E) 2.79