Herb Kelleher, Mary Kay Ash, and Steve Jobs are examples of transactional leaders.

Answer the following statement true (T) or false (F)


False

Rationale: These are all examples of charismatic leaders.

Business

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On January 2, 20X2, Piranha Company acquired 70 percent of Salmon Corporation's common stock for $420,000 cash. At the acquisition date, the book values and fair values of Salmon' assets and liabilities were equal, and the fair value of the noncontrolling interest was equal to 30 percent of the total book value of Salmon. The stockholders' equity accounts of the two companies at the acquisition date are as follows:   Piranha  Salmon Common Stock ($10 par value)$600,000 $350,000 Additional Paid-In Capital 450,000  50,000 Retained Earnings 250,000  200,000 Total Stockholders' Equity$1,300,000 $600,000 Noncontrolling interest was assigned income of $15,000 in Piranha's consolidated income statement for 20X2.Based on the preceding information, what amount will be assigned to

noncontrolling interest on January 2, 20X2, in the consolidated balance sheet? A. $126,000 B. $180,000 C. $420,000 D. $120,000

Business

The promotion of products and services through printed material with multiple pages that sell multiple products has been traditionally referred to as ________ marketing

A) catalog B) viral C) telephone D) television E) e-mail

Business

Practical capacity is the capacity that can be achieved during normal working hours

Indicate whether the statement is true or false

Business

Sparky Corporation uses the weighted-average method of process costing. The following information is available for February in its Molding Department: Units:Beginning Inventory: 25,000 units, 100% complete as to materials and 55% complete as to conversion.Units started and completed: 110,000.Units completed and transferred out: 135,000.Ending Inventory: 30,000 units, 100% complete as to materials and 30% complete as to conversion. Costs:Costs in beginning Work in Process - Direct Materials: $43,000.Costs in beginning Work in Process - Conversion: $48,850.Costs incurred in February - Direct Materials: $287,000.Costs incurred in February - Conversion: $599,150. Calculate the cost per equivalent unit of materials.

A. $2.05 B. $2.00 C. $2.61 D. $2.36 E. $1.74

Business