Which of the following transactions would increase a firm's current ratio?
a. Purchase of inventory on account
b. Payment of accounts payable
c. Collection of accounts receivable
d. Purchase of temporary investments for cash
B
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Assuming that the corporation has a 21% marginal tax rate, which of the following statements is true?
A. Jacky, Inc issued 1,000 shares of 7%, $100 par preferred stock for $100,000. The after-tax cost of the $7,000 dividend paid was $5,530. B. Jacky, Inc. borrowed $500,000 and paid interest of $48,000; the after-tax cost of the interest was $37,920. C. Jacky, Inc issued 1,000 shares of 7%, $100 par preferred stock for $100,000. The after-tax cost of the $7,000 dividend paid was $1,470. D. Jacky, Inc. borrowed $500,000 and paid interest of $48,000; the after-tax cost of the interest was $10,080.
Which of the following is a salesperson who works to develop long-term relationships with particular customers and may hold the title of "account manager"?
A) an order taker B) an order getter C) a missionary salesperson D) a new-business salesperson E) a technical specialist
Top salesperson Carl noticed that the new salesperson, Brandon, was struggling to make sales. Carl told Brandon that learning sales was a process and made some suggestions for how Brandon could improve his sales techniques. Together, Carl and Brandon practiced the techniques and Brandon said he would start trying them out on clients. The two made an appointment to follow up on how the techniques were working in two weeks. Carl provided _________ to Brandon.
A. coaching B. counseling C. conduct training D. discipline E. monitoring
Which of the following is NOT one of the typical motives found for workers in the United States for accepting a foreign assignment?
A. A sense of vocation B. Financial rewards C. The desire to escape undesirable circumstances at home D. Organizational loyalty