In Freeman v. San Diego Assn. of Realtors the court held that for the Multiple Listing Services to set prices together was permissible under a rule of reason because the quality of service increased substantially because of the cooperation
a. True
b. False
Indicate whether the statement is true or false
False
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On July 1, 2016, Falcon Company received a $20,000 promissory note from Jordyn Company. The annual interest rate is 5%. Principal and interest are paid in cash at the maturity date of June 30, 2017. If Falcon's fiscal year ends September 30, 2016, an adjusting entry is needed to:
a. Increase interest revenue by $1,000 b. Increase notes receivable by $250 c. Increase interest receivable by $250 d. Increase notes receivable by $1,000
If bad news appears in the first sentence of a message, the
a. receiver will be prepared for the reasoning that follows. b. receiver's urge to counter argue will be minimized. c. receiver's reaction is likely to be defensive. d. receiver will withhold judgment until he or she has finished reading.
Spirit Company makes special equipment used in cell towers
Each unit sells for $400. Spirit produces and sells 12,500 units per year. They have provided the following income statement data: Traditional Format Contribution Format Revenue $5,000,000 Revenue $5,000,000 Cost of goods sold 2,100,000 Variable costs: Gross profit 2,900,000 Manufacturing 900,000 Selling & admin. expenses 550,000 Selling & admin. 300,000 Contribution margin 3,800,000 Fixed costs: Manufacturing 1,200,000 Selling & admin. 250,000 Operating income $2,350,000 Operating income $2,350,000 A foreign company has offered to buy 85 units for a reduced sales price of $350 per unit. The marketing manager says the sale will not affect the company's regular sales. The sales manager says that this sale will require additional selling and administrative costs, as it is a one-time deal. The production manager reports that there is plenty of excess capacity to accommodate the deal without requiring any additional fixed costs. If Spirit accepts the deal, how will this impact operating income? (Round any intermediate calculations to the nearest cent, and your final answer to the nearest dollar.) A) Operating income will increase by $21,590. B) Operating income will decrease by $21,590. C) Operating income will increase by $29,750. D) Operating income will decrease by $29,750.
Multidomestic corporations reflect the ________.
A. ethnocentric attitude B. polycentric attitude C. geocentric attitude D. xenophobic attitude