Hometown Shops Retail Company has assets of less than $10 million and fewer than five hundred shareholders. Interstate Outlets, Inc., has assets of more than $10 million and more than five hundred shareholders. The Securities Exchange Act of 1934 applies to
A. Hometown Shops and Interstate Outlets.
B. Hometown Shops only.
C. Interstate Outlets only.
D. neither Hometown Shops nor Interstate Outlets.
Answer: A
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The following information was taken from the financial statements of Ashley's Linens: Total current assets $ 53,000 Property, plant, and equipment 6,000 Current liabilities 21,000 Long-term liabilities 4,000 Owner's equity 34,000 Beginning inventory 31,000 Ending inventory 33,000 Cost of goods sold 152,000 Net income 42,000 The working capital of Ashley's Linens is
a. $32,000. b. $33,000. c. $34,000. d. $38,000.
A control chart ______.
A. shows the correlation between two variables B. monitors the consistency of a process C. shows the causes of a particular defect D. displays whether a process meets customer specifications
Answer the following statement(s) true (T) or false (F)
1. A study of subordinates in a private pathology company found that employees who had better leader-member exchange relationships had lower turnover intentions and higher job satisfaction. 2. A study assigned 69 Masters of Business Administration (MBA) students to supervise teams of four to six students in undergraduate classes. The study found that highly extraverted undergraduate students interfered with the development of positive leader-member exchange relationships because they kept trying to take over the leadership of the teams. 3. A study examined perceptions of trust and leader-member relationships in surveys of 304 supervisor-subordinate dyads from 33 Portuguese firms in the service, manufacturing, governmental, and agricultural sectors. The study found that leaders trust subordinates when they are available and easily observed and when the subordinates seem receptive to input from the leaders. 4. A study of 285 matched pairs of leaders and subordinates who worked for a large county library system found that 21% of the subordinates underestimated how well their leaders rated them.
Identify and give the basic characteristics of each of the following specialized types of corporations
a. Professional corporations b. Public corporations c. Nonprofit corporations