Which of the following is characteristic of games of chance?

A

They are based on ability.

B

Odds of house losing are high.

C

They are based on random occurrence.

D

Odds of gambler losing are high.

On 9/1/16 Johnson Corporation buys 30% of the stock in Rockford Industries for $100,000 and accounts for the investment under the equity method. At 12/31/16, the selling price of Rockford Industries' stock drops by 10%.

In reviewing the tax rate schedule for a single taxpayer, chuck notes that the tax on $75,000 is $5,226.25 plus 25 percent of the taxable income over $37,950. what does the $5,226.25 represent?

Ariana is the CEO of a corporation that hires nonunion labor. According to the theory of efficiency wages, if she decides to pay her workers more than the competitive equilibrium wage, then a. the profits of her firm might increase. b.

Suppose a researcher wants to evaluate a self-esteem program by measuring students' self-esteem before and after a self-esteem program is administered.

Why can deadweight loss occur when a price is below the equilibrium even when some consumers benefit from it? Consumers will purchase more of the good at a price below equilibrium.

What may managers rely on to decide if they'd like to interview a candidate in person?

How are direct lending and dealer financing similar? And which is the better option?

Suppose that a worker in Tabletland can produce either 4 tablets or 1 television per year, and a worker in Ledville can produce either 2 tablets or 4 televisions per year. Each nation has 50 workers.

West Corp. issued 17-year bonds 2 years ago at a coupon rate of 10.3 percent. The bonds make semiannual payments. If these bonds currently sell for 102 percent of par value, what is the YTM

If a company adopts an accounts receivable factoring program, and accounts for the factoring as a sale of receivables, which of the following is true in the period the company starts the program (all else equal) ? A.