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Sadie Williams
Larry's lizards and ronaldo's reptiles are competing pet store franchises. both are considering opening a store in the small town of turtleville. if ronaldo's opens a profitable store in turtleville and larry's management determines that it is not profitable to also open a store, then:
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Business
Ashly
If the organizers of a major sports event set the ticket price above the equilibrium level, then scalping will develop in a secondary market for tickets.
True / False.
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Business
Phoenix Marks
Describe the sustainability management practices of a business firm with which you are familiar. Which stage of the corporate environmental responsibility model best fits this firm, and why? Looking again at this same firm, what steps might its managers take to improve its environmental performance? In answering this question, consider the various elements of effective environmental management.
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Business
River
Indigo Incorporated factored $135,100 of accounts receivable with Sweet Factors Inc. on a without-recourse basis. Sweet assesses a 3% finance charge of the amount of accounts receivable and retains an amount equal to 7% of accounts receivable for possible adjustments. Prepare the journal entry for Indigo Incorporated and Sweet Factors to record the factoring of the accounts receivable to Sweet.
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Business
Parker Bridges
1) If a young couple have already saved $10,000 for the purpose of buying a home and hope to have a total of $50,000 for the required down payment and closing costs for the future home they hope to buy, how much per month do they have to save and invest to reach this goal in 4 years from today, if an average annual rate of return of 6 % can be earned
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Business
Isla Bruce
Identify the types of information collected by Unisys Corporation to make sound assessments of foreign markets. Review of the competitive situation Review of the primary and secondary sources of information available Summary of the technological environment Economic and demographic information Overview of market conditions Cultural, sociological, and political information
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Business
Kiersten
Ramiro has been an accounting major for three years, but he is not doing very well in his courses. he has, however, done very well in his law courses, but he doesn't want to change his major to law because he has already spent three years as an accounting major. he does not want to feel like he wasted those three years. ramiro is subject to: a. altruism. b. a framing bias. c. overconfidence. d. a sunk cost fallacy.
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Business
Aubrie
Clinton County maintains an investment trust fund for the investments of governments within its borders. All the investments had determinable fair values. Which of the following is true regarding investment trust funds and investments in general? Group of answer choices Clinton County would report the investments of the other governments at fair value in the investment trust funds. Clinton County would report its own investments at fair value in the investment trust funds. Both of these answers are correct. Neither of these answers are correct.
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Business
Piper Andrews
A cost center is a unit of a business that incurs costs without directly generating revenues. All of the following are considered cost centers except: Select one:
a. Accounting department at Warner Bros.
b. Purchasing department at Best Buy.
c. Research department at Microsoft.
d. Advertising department at Hertz.
e. Juice division at Coca Cola.
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Business
Alexa Spence
Barnes and Miller Manufacturing is trying to determine the equivalent units for conversion costs with 10,000 units of ending work in process at 80% completion and 14500 physical units. There are no beginning units in the department. Conversion costs occur evenly throughout the entire production period. What are the equivalent units for conversion costs for the current period?
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Business
Carina Madden
Big firms fail to see disruptive innovations as a threat because:
A. they primarily focus on the bottom line.
B. they concentrate only on future financial performance.
C. they don't indulge in playing catch-up.
D. they fail to listen to customer needs.
E. they overestimate the impact of these innovations.
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Business
Shamar Yates
On June 4, White Corporation issued $400 million of bonds for $386 million. During the same year, $1 million of the bond discount was amortized. In a statement of cash flows prepared by the indirect method, White Corporation should report:
A. A financing activity of $400 million.
B. An addition to net income of $1 million.
C. An investing activity of $386 million.
D. A deduction from net income of $1 million.
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Business
Jocelyn Hale
Required Each of the following independent events requires a year-end adjusting entry. Show how each event and its related adjusting entry affect the accounting equation. Assume a December 31 closing date. The first event is recorded as an example. (Do not round intermediate calculations & Round your final answer to nearest whole dollar.)
a. Paid $6,200 cash in advance on October 1 for a one-year insurance policy.
b. Received an $5,000 cash advance for a contract to provide services in the future. The contract required a one-year commitment, starting April 1.
c. Purchased $1,900 of supplies on account. At year's end, $245 of supplies remained on hand.
d. Paid $11,280 cash in advance on August 1 for a one-year lease on office space.
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Business
Guest
What is the best theoretical justification for consolidated financial statements?
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Business
Gator
Which of the following could be true if one decreases their long term liability and increases their liquid assets? a. Paid off credit card balance and added money to savings. b. Paid off medical bills and invested money. c. Paid down mortgage and received a cash prize. d. Paid taxes owed and bought a car.
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