A drug maker got in trouble with the FTC. If patients of the drug maker wanted to purchase its schizophrenia drug, they also had to buy its blood-monitoring services. The FTC found this to be unfair. This is an example of a(n) _______________.

A. restricted sales territories
B. tying agreement
C. exclusive distribution
D. refusal to deal
E. full-line forcing


Answer: B

Business

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In preparing the cash flows from operating activities section of the statement of cash flows by the indirect method,the amortization of bond discount for the period is deducted from the net income for the period

a. True b. False Indicate whether the statement is true or false

Business

If variable costs cannot be reduced, how much reduction in fixed costs will be needed to achieve the profit target?

Electron Manufacturing is a price-taker. Electron produces large spools of electrical wire in a highly competitive market; thus, the company uses target pricing. The current market price of the electric wire is $780 per unit. The company has $3,200,000 in average assets, and the desired profit is a return of 4% on assets. Assume all products produced are sold. The company provides the following information:



A) $7,128,000
B) $13,000,000
C) $7,000,000
D) $13,128,000

Business

The business credit card is being used for business and personal expenses, list the business then personal expenses from the March credit card statement. Address the accounting and ethical reason for this separation of expenses.

What will be an ideal response?

Business

Which sentence expresses numbers correctly?

A) Gregg used his debit card to make purchases for $12.99, $.99, and $37. B) Gregg used his debit card to make purchases for $12.99, 99 cents, and $37. C) Gregg used his debit card to make purchases for $12.99, 99ยข, and $37.

Business