Entrepreneurship flourishes more in environments with more formal institutional procedures
Indicate whether the statement is true or false
F
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In regards to benchmarking, which of the following statements is correct?
A) The two main types of benchmarks in financial statement analysis include benchmarking against a prior year of the same company and benchmarking against a key competitor. B) Benchmarking is the practice of comparing a company with information provided by the Financial Standards Accounting Board. C) The Risk Management Association provides common-size statements for most industries. D) It is not helpful to provide common-size percentages in a graphical manner.
Office Systems Corporation manufactures and sells various high-tech office automation products. Two divisions of Office Systems Corporation are the Computer Chip Division and the Computer Division. The Computer Chip Division manufactures one product, a "super chip," that can be used by both the Computer Division and other external customers. The following information is available on this month's
operations in the Computer Chip Division: Selling price per chip $50 Variable costs per chip $20 Fixed production costs $60,000 Fixed SG&A costs $90,000 Monthly capacity 10,000 chips External sales 6,000 chips Internal sales 0 chips Presently, the Computer Division purchases no chips from the Computer Chips Division, but instead pays $45 to an external supplier for the 4,000 chips it needs each month. Refer to Office Systems Corporation. If a transfer between the two divisions is arranged next period at a price (on 4,000 units of super chips) of $40, total profits in the Computer Chip division will a. rise by $20,000 compared to the prior period. b. drop by $40,000 compared to the prior period. c. drop by $20,000 compared to the prior period. d. rise by $80,000 compared to the prior period.
States are not involved in the regulation of corporate takeovers
a. True b. False Indicate whether the statement is true or false
A special warranty deed provides the most protection against defects of title.
Answer the following statement true (T) or false (F)