Which medium offers public relations the greatest communication flexibility in terms of reaching people under a variety of circumstances?
A. Newspapers D. News syndicates
B. Radio E. Magazines
C. Television
B
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Interest expense creates magnification of earnings through financial leverage because:
a. the interest rate is variable. b. interest accompanies debt financing. c. the use of interest causes higher earnings. d. interest costs are cheaper than the required rate of return to equity owners. e. while earnings available to pay interest rise, earnings to residual owners rise faster.
KRD Supplies Corporation provided the following information for the year
Beginning Balance-Work-in-Process Inventory $24,000 Ending Balance-Work-in-Process Inventory 58,000 Beginning Balance-Raw Materials Inventory 85,000 Ending Balance-Raw Materials Inventory 61,000 Purchases-Raw Materials 359,000 Direct Labor 470,000 Indirect Labor 21,000 Depreciation on Factory Plant and Equipment 24,000 Plant Utilities and Insurance 268,000 What was the amount of the manufacturing overhead costs? A) $313,000 B) $45,000 C) $292,000 D) $491,000
The second step in the project control process for measuring and evaluating project performance is to
A. Compare plan against actual. B. Review the baseline plan with top management. C. Measure progress and performance. D. Analyze inputs to control system. E. Review spending with team members.
Below are four statements made by salespeople to customers. In each case, a customer made a purchase relying on the statement, the statement proved to be false, and the customer suffered a loss. Which statement would most likely serve as the basis for a successful suit for breach of warranty?
a. "This watch will last a lifetime." b. "You won't find anything like this for the same amount of money anywhere." c. "These spark plugs should give you better gasoline mileage." d. "This material is fireproof and approved by Underwriters' Laboratories."