Nelson, a minor, misrepresents his age when agreeing to a contract to buy a restored, antique soda vending machine from old is new again, inc. ordinarily, nelson can disaffirm the contract

Lem Co., which accounts for treasury stock under the par value method, acquired 100 shares of its $6 par value common stock for $10 per share. The shares had originally been issued by Lem for $7 per share.

The management of Penfold Corporation is considering the purchase of a machine that would cost $320,000, would last for 6 years, and would have no salvage value. The machine would reduce labor and other costs by $62,000 per year.

Which of the following is NOT a cost typically associated with owning a car? AFuel BInsurance CWear & Tear fees DMaintenance

Fred promises barney $25,000 to not open his proposed business in the same city. they sign a contract stating that fred promises to pay barney and barney promises not to open the competing business.

The drivers that explain changes in costs as units produced change are called: a. activity based cost drivers b. unit-level drivers c. non-unit-level drivers d. All of these choices are correct.

Which of the following strategies should a company NOT adopt if it wants to win a format war? a. Joining forces with other companies to develop new technologies b. Charging extremely high license fee for the technology c.

In larger organizations that have stock ownership plans, the employees may not see a strong link between their actions and the company's stock price. True False

Data concerning Bedwell Enterprises Corporation's single product appear below: Selling price per unit $ 160.00 Variable expenses per unit $ 91.

An example of manufacturing overhead costs would be Group of answer choices a. direct material costs. b. factory production line wage costs. c. indirect material costs. d. utility costs for administrative offices. e. Both c and d.

It will rain with probability 0.8. if it does, you earn $200 and if not, you earn $400. the expected value is: