When a brand is associated with a major sporting event, such as the Olympics, without any intentional or indirect effort on the brand's part, it is:
A) stealth marketing
B) direct ambush marketing
C) incidental ambush marketing
D) indirect ambush marketing
C
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To achieve effective control over fixed-asset additions, a company should establish activities that require:
A. authorization and approval of major fixed asset additions. B. any fixed asset additions that are not used in the business to be classified as investments. C. capitalization of the cost of fixed asset additions in excess of a specific dollar amount. D. performance of recurring fixed asset maintenance work solely by maintenance department employees.
Charlie's Hotdog Stand Charlie's Hotdog Stand sells hotdogs for $2.50 each. The variable costs per hotdog are $.50. Charlie's fixed costs are currently $800 per month. Charlie is considering expanding his business to three hotdog stands which will increase fixed costs per month by $1,200. Refer to the Charlie's Hotdog Stand information above. If Charlie does expand his business to three stands,
how many additional hotdogs will need to be sold per month in order to break even? A) 1,000 hotdogs B) 600 hotdogs C) 200 hotdogs D) 480 hotdogs
The maturity of commercial paper varies from:
A. 10 to 15 months. B. two to three years. C. one to nine months. D. 15 to 18 months. E. three to five years.
Funky Chicken is a calendar year general partnership with the following current year information: Operating loss$(300,000)Liabilities: Note payable, Big Bank 30,000 Note payable, June Cross 20,000 On January 1 June Cross bought 60% of Funky Chicken for $45,000. How much of the operating loss may Cross deduct currently? Assume the excess business loss limitation does not apply.
A. $65,000 B. $80,000 C. $57,000 D. $75,000