Franny is charged with a crime. Almost all federal courts and some state courts would not hold Franny liable if, at the time of the offense, as a result of a mental disease or defect, she lacked substantial capacity to obey the law and to appreciate
A. the power of the police.
B. the authority of the court.
C. the wrongfulness of her conduct.
D. the fruits of her crime.
Answer: C
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Cost behavior is defined as the manner in which costs respond to changes in volume or activity
Indicate whether the statement is true or false
Which of the following actions is consistent with social responsibility and is not necessarily inconsistent with stockholder wealth maximization?
A. Selling a smokestack "scrubber" required by the firm's air pollution policy that is also mandated by law. B. Dumping effluent discharge into a river, where it ruins the drinking water of the community around the plant. The installation of machinery to treat the effluents is very expensive. C. Investing in a smokestack filter to reduce sulphur-dioxide emissions to decrease the tax being levied on the firm by the state for pollution it produces each year. D. Making a large corporate donation to the local community for funding a recreation complex that can be used by the firm's employees only. E. Consider taking over the competitor's business in an attempt to establish monopoly for its product in the market.
The balance sheet of Crimpson Solutions Ltd. has cash of $125 million, accounts receivable of $245 million, inventory of $160 million, and equipment worth $450 million. The company also has accounts payable of $120 million, notes payable of $280 million, and corporate bonds of $365 million. Crimpson's current ratio is:
A. 2.5 times. B. 1.56 times. C. 1.325 times. D. 0.565 times. E. 1.855 times.
What was the company that backed out of an $8.4 billion merger deal with Enron in 2001?
a. Shell Oil b. Dynegy c. Texaco d. American Electric Power e. General Motors