What does the Private Securities Litigation Reform Act's safe harbor provision do?
A) Eliminates director and officer liability under Section 11
B) Eliminates auditors' liability under Section 11
C) Provides liability protection for income predictions in the registration statement
D) All of the above
C
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Negotiators who set their sights for negotiation too low are more likely to stalemate and end the negotiation in frustration.
Answer the following statement true (T) or false (F)
Goods in possession of bailees are considered to be in transit
Indicate whether the statement is true or false
Richards Corporation uses the FIFO method of process costing. The following information is available for October in its Fabricating Department: Units:Beginning Inventory: 80,000 units, 60% complete as to materials and 20% complete as to conversion.Units started and completed: 250,000.Units completed and transferred out: 330,000.Ending Inventory: 30,000 units, 40% complete as to materials and 10% complete as to conversion. Costs:Costs in beginning Work in Process - Direct Materials: $37,200.Costs in beginning Work in Process - Conversion: $79,700.Costs incurred in October - Direct Materials: $646,800.Costs incurred in October - Conversion: $919,300. Calculate the cost per equivalent unit of conversion.
A. $2.76 B. $3.15 C. $3.00 D. $3.68 E. $2.90
A dwelling with a replacement cost of $150,000 was insured under a Homeowners 3 policy for $100,000 at the time the roof was destroyed by a windstorm. The actual cash value of the loss was $9,000, but it will cost $12,000 to replace the roof
Ignoring any deductible, what will the insurer pay to settle this loss? A) $8,000 B) $9,000 C) $10,000 D) $12,000