Discount Factory Outlets, Inc., issues bonds. Bonds
A. are issued by businesses only.
B. are sometimes referred to as "stock with preferences."
C. have maturity dates.
D. require periodic interest payments from their owners.
Answer: C
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Name at least four of the major considerations when building a group into an effective team. Briefly, describe what a manager should do in each area.
What will be an ideal response?
A(n) _____ item is expected to generate cash over periods longer than a year or use cash over periods longer than a year
a. illiquid b. appropriated c. liquid d. current e. noncurrent
Strods Company reported the following purchases and sales of its only product. Strods uses a perpetual inventory system. Determine the cost assigned to the ending inventory using FIFO.DateActivitiesUnits Acquired at CostUnits Sold at RetailMay 1Beginning Inventory150 units @ $10.00 5Purchase220 units @ $12.00 10Sales 140 units @ $20.0015Purchase100 units @ $13.00 24Sales 90 units @ $21.00
A. $2,590 B. $2,460 C. $2,850 D. $2,860 E. $2,980
An employer decides to downsize to cut costs. It plans to eliminate 100 jobs out of 250 total jobs. The employer notifies the employees' union representative on May 15 . The layoffs will be effective May 30 . If the employer's action is legally challenged, a court would most likely decide:
a. For the employer because it is not large enough to be covered under the WARN Act b. For the employer because there is no plant closing or mass layoff that would trigger the WARN Act's requirements c. For the employees because they did not receive individual notification as required by the WARN Act d. For the employees because they did not receive the amount of advance notice of a mass layoff required by the WARN Act e. For the employees because they did not receive severance pay as required by the WARN Act