List the four basic rights of stockholders
What will be an ideal response
1. Participate in management by voting on corporate matters.
2. Receive a proportionate part of any dividend that is declared and paid.
3. Receive a proportionate share of any assets remaining after the corporation pays its debts and liquidates.
4. Maintain their proportionate ownership in the corporation (a preemptive right).
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The company is deciding whether to drop product line F because it has an operating loss. Assuming fixed costs are unavoidable, if Motion drops product line F and does not replace it, what effect will this have on operating income?
Motion Rollerblades has three product lines—D, E, and F. The following information is available:
A) Operating income will increase $4000.
B) Operating income will increase $19,000.
C) Operating income will increase $23,000.
D) Operating income will decrease $19,000.
People once referred to as "minorities" are rapidly becoming the majority in the United States due to the ________
A) dramatic growth in the Asian-American population B) dramatic growth in the African-American population C) dramatic growth in the foreign-born population D) dramatic growth in the Pacific Islander community
The total earnings of an employee for a payroll period is referred to as
A) take-home pay B) pay net of taxes C) net pay D) gross pay
Who among the following is most likely to recognize actions as unethical?
a. Rebecca has noticed that most of her colleagues often use office supply for personal use. b. Jason has noticed that all his managers agree that it is okay to plagiarize to a small extent. c. Sarah's organization does not provide any guidelines on ethical behavior. d. David has noticed for the first time a colleague misrepresenting data in a report.