Setting appropriate prices is one of the simplest decisions that managers make on a day-to-day basis
Indicate whether the statement is true or false
F
You might also like to view...
Unlike their Caucasian counterparts, ______ women do not tend to smile more than men from the same ethnic group.
Fill in the blank(s) with the appropriate word(s).
Dali Company has 15,000 shares of stock authorized at January 1 . Dali issues 4,500 shares to the stockholders during the year and then the company repurchases 1,500 shares as treasury stock. Based on this information, how many shares are outstanding at December 31?
a. 15,000 b. 18,000 c. 4,500 d. 3,000
Under the periodic inventory system, Village Fabrics purchased 25 yards of blue plaid fabric at a cost of $2.00 per yard on June 1; on June 3, 22 yards were sold of the blue plaid; a new shipment came in with 25 more yards at a cost of $1.25 per yard on June 5; on June 15, 17 yards of the blue plaid fabric were sold; Village Fabrics purchased another 25-yard bolt at a cost of $1.00 per yard on
June 19; on June 27, 6 more yards had been sold. What is the value of inventory as of June 30 under the LIFO method? a. $31.25 b. $50.00 c. $60.00 d. $56.25
Monic, a college professor, makes 30 photocopies of a magazine article and passes the article out to her students. The students are assigned to read the article and write an opinion paper about it. Has Monic violated copyright law?
A. Yes. Though the author will probably not enforce his or her rights under this situation, Monic has technically violated federal copyright law. B. Yes. Though educators have a right under the "fair use doctrine" to make limited use of copyrighted materials, Monic violated the law when she made photocopies of an entire article and distributed them to her students. C. No. Monic has acted within the fair use doctrine. D. No, as up to 50 photocopies of articles are always permissible.