In order for the brand to remain healthy, the least value of the consumer franchise-building percent ratio should be:

Nice International originally issued 105,000 shares of common stock at a price of $22 per share

A year later, it distributed a 12% stock dividend to shareholders. At the time of the stock dividend, the share price had increased to $27 per share. Which of the following statements is true? A) Nice will record sales revenues of $277,200. B) Nice will record a loss of $63,000. C) Nice will record a gain of $63,000. D) Nice will record neither a gain nor a loss.

Placing escrow money in a licensee's operating account constitutes commingling.

a. true b. false