When no-par common stock without a stated value is issued for cash, the Common Stock account is credited for an amount equal to the cash proceeds

Indicate whether the statement is true or false


True

Business

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You want to observe how often consumers listen to music throughout their day and what different audio devices they use. You are also interested in how consumers store and access their own music collections. You should conduct ________ research

A) causal B) experimental C) secondary D) pure E) exploratory

Business

An advantage of downsizing is

a. one time losses. b. layoffs. c. reduced communications. d. decreased costs in the long run.

Business

Meow Products Ltd. Meow Products Ltd. produces and sells scratching posts for cats. In the current year, the company had expected to sell 12,000 posts but actually produced and sold 10,000 posts. The following information is available regarding the standard cost to produce a single post: Direct materials: 3 feet @ 1.75 per foot Direct labor: 15 minutes @ $.30 per minute In the current year,

38,000 feet of material were purchased out of which 35,000 feet were used at a cost of $1.55 per foot, and 160,000 direct labor minutes were incurred at a cost of $.32 per minute. Refer to the Meow Products Ltd. information above. The company's direct materials price variance for the current year is: A) $2,350 F. B) $7,600 F. C) $7,000 U. D) $4,100 U.

Business

Pablo, a resident of New Mexico, while driving through Arizona was struck by a SUV driven by Dick, a resident of California. Dick was speeding when the accident happened and Pablo suffered severe injuries that ruined a potential acting career. Pablo's damages are estimated at $200,000 . Discuss the court system(s) in which Pablo may bring a lawsuit

Business