In recent years some U. S. firms have merged with non-U. S. firms and changed their home country from the United States to that of their merger partner. In such situations, the U. S. corporate tax rates were higher than those of the other country. Such mergers can be an example of firms trying to control what risk

Wallis company manufactures only one product and uses a standard cost system. the company uses a predetermined plantwide overhead rate that relies on direct labor-hours as the allocation base. all of the company's manufacturing overhead costs are fixed—it does not incur any variable manufacturing overhead costs. the predetermined overhead rate is based on a cost formula that estimated $2,886,000 of fixed manufacturing overhead for an estimated allocation base of 288,600 direct labor-hours. wallis does not maintain any beginning or ending work in process inventory.

Which of the following is not an example of one of the four mail advantages of prices on a free market economy

Paid-in-capital in excess of par represents the amount of proceeds a. from the original sale of common stock b. in excess of the par value from the original sale of common stock c. at the current market value of the common stock d. at the curent book value of the common stock