The Kyoto Protocol has been approved and adopted in the United States
Indicate whether the statement is true or false
False
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Starbucks offers a loyalty card and rewards program in the United States with an app that displays a bar code that can be scanned by the barista. This is an example of "market development."
Indicate whether the statement is true or false
The systematic process used to determine the relative value or worth of a job within an organisation is referred to as which of the following:
a. job analysis b. job evaluation c. job design d. job enrichment
Which of the following is untrue regarding closely held corporations?
a. Most corporations in the U.S. are closely held. b. Shareholders frequently restrict the transfer of shares to prevent "outsiders" from obtaining the stock. c. Shareholders usually have little voice in the management and control of the business. d. Some states have enacted special legislation to accommodate the needs of closely held corporations.
Refer to the income statement above. Luther's operating margin for the year ending December 31, 2005 is closest to ________
Luther Corporation Consolidated Income Statement Year ended December 31 (in $millions) 2006 2005 Total sales 610.1 562.8 Cost of sales -500.2 -380.8 Gross profit 109.9 182 Selling, general, and administrative expenses -40.5 -40.7 Research and development -24.6 -23.4 Depreciation and amortization -3.6 -3.3 Operating income 41.2 114.6 Other income -- -- Earnings before interest and taxes (EBIT) 41.2 114.6 Interest income (expense) -25.1 -14.1 Pretax income 16.1 100.5 Taxes -5.5 -35.175 Net income 10.6 65.325 Price per share $16 $15 Sharing outstanding (millions) 10.2 8.0 Stock options outstanding (millions) 0.3 0.2 Stockholders' Equity 126.6 63.6 Total Liabilities and Stockholders' Equity 533.1 386.7 A) 10.18% B) 16.29% C) 20.36% D) 24.43%