The case study “Hotels That Don’t Miss a Beat” focused on what type of themed hotels?
a. Animal-themed
b. Roman-themed
c. Music-themed
d. Las Vegas-themed
c. Music-themed
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Viral marketing is:
A. a marketing campaign initiated through a virus. B. a type of spyware that attaches itself to some other application. C. a marketing campaign that persuades consumers to encourage friends to purchase the same products or services. D. a type of negative marketing plan that criticizes its competitors.
Arthur Walker, an accountant, prepared financial statements for Globalus Ltd., a public company whose shares traded on the stock exchange. A shareholder of Globalus was reading the document on the subway and forgot it
Frank Nelson picked the statements up and bought shares in the company based on what he had read. Walker had made a careless mistake and Frank's investment turned out to be worthless. Which of the following is TRUE? A) Walker does not owe a duty of care to Frank in tort law. B) Walker does owe a duty of care to frank in tort law. C) The financial statements are words and there is no right to sue based on the careless use of words. D) Walker is liable to Frank because it was reasonably foreseeable that someone might pick up a copy of the financial statements. E) Frank can only sue the Globalus shareholder if he can find that person
Which of the following statements is CORRECT?
A. The IRR method can never be subject to the multiple IRR problem, while the MIRR method can be. B. One reason some people prefer the MIRR to the regular IRR is that the MIRR is based on a generally more reasonable reinvestment rate assumption. C. The higher the cost of capital, the shorter the discounted payback period. D. The MIRR method assumes that cash flows are reinvested at the crossover rate. E. The MIRR and NPV decision criteria can never conflict.
Hache Corporation uses the weighted-average method in its process costing system. The first processing department, the Welding Department, started the month with 17,150 units in its beginning work in process inventory that were 20% complete with respect to conversion costs. The conversion cost in this beginning work in process inventory was $7600. An additional 89,300 units were started into production during the month and 92,300 units were completed in the Welding Department and transferred to the next processing department. There were 14,150 units in the ending work in process inventory of the Welding Department that were 90% complete with respect to conversion costs. A total of $202,700 in conversion costs were incurred in the department during the month. The cost per equivalent unit
for conversion costs for the month is closest to: A. $1.980 B. $2.002 C. $2.215 D. $2.289