John Harrington operates a business that almost always hires skilled workers who are college graduates; currently, however, his business does have a part-time opening for an unskilled worker. Harrington is considering hiring an uneducated welfare recipient instead of a student from the local university. Apply the "Guidelines for Analyzing a Contemplated Action" to this problem
?From the decision-maker's point of view, there is greater risk in hiring an uneducated welfare recipient instead of a college student. If an uneducated welfare recipient is hired, there may be disruption in the workplace resulting from skilled, educated employees working with an unfamiliar type of co-worker. The value of hiring an uneducated welfare recipient is twofold: First, there may be a greater likelihood of assisting someone with a family (i.e., more individuals would benefit); and, second, the firm would further the current governmental and societal initiative to move individuals from "Welfare to Work."?
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What happens to the accounting equation when the adjustment that recognizes accrued interest revenue is recorded?
a. Assets increase and liabilities increase. b. Assets increase and stockholders' equity increases. c. Assets decrease and liabilities decrease. d. Stockholders' equity increases and decreases by the same amount.
Which of the following statements is true?
a. The return on assets ratio indicates whether the company can pay its current debt when it becomes due. b. The causes for an increase or decrease in the return on assets ratio can be examined by calculating its two components: return on sales and asset turnover. c. If a company successfully applies leverage, its return on assets ratio will be greater than its return on common stockholders' equity ratio. d. If a company's return on assets ratio increases, the increase can be the result of decreased liquidity.
In terms of commonly traded organizational currencies, being involved in a task that has a large significance and having a chance to do something important and do it well are examples of ________-related currencies.
A. Task B. Position C. Inspiration D. Relationship E. Personal
Retleb Manufacturing Company noticed that, during its busiest month of 2014, maintenance costs totaled $15,400, resulting from the production of 32,000 units. During its slowest month, $12,600 in maintenance costs were incurred, resulting from the production of 24,000 units. Use the high-low method to estimate the maintenance cost that the company will incur if it produces 20,000 units?
A) $7,000 B) $11,200 C) $8,400 D) $2,800