What is the advantage of responding to a question on a social media site?
A) The availability of free expert advice
B) Professional exposure
C) The ability to crowdsource the answer
D) An opportunity to conduct intensive market research
E) The opportunity for a quick response
Answer: B
Explanation: B) Posting a question on a social media site benefits both you and the person who answers. You get expert consulting for no cost, and the expert gets professional exposure.
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When a business factors its accounts receivables, the business ________.
A) uses the receivables as security for a loan B) no longer has to deal with the collection of the receivables from the customers C) receives the total amount of the receivables from the factor D) receives cash, less an applicable fee, after the factor collects from the customers
Which of the following is not a problem associated with multicollinearity?
A) The partial regression coefficients may not be estimated precisely. The standard errors are likely to be high. B) It becomes difficult to assess the relative importance of the independent variables in explaining the variation in the dependent variables. C) Predictor variables may be incorrectly included or removed in stepwise regression. D) It becomes difficult to compute the correct test statistic.
On December 31, 2009, Kallman Corporation had 160,000 shares of common stock issued and outstanding. On April 1, 2010, an additional 40,000 shares of common stock were issued for cash. During 2010, Kallman declared and paid dividends of $150,000 on its 20,000 shares of nonconvertible preferred stock. Net income for 2010 amounted to $400,000 . Kallman's earnings per share of common stock (rounded
to the nearest cent) for 2010 are a. $1.25. b. $1.32. c. $2.00. d. $2.11.
If unemployment is high and it is easy to find replacement workers, which philosophy of compensation might an organization chose?
A. Pay for performance B. Pay for longevity C. Above-market pay D. At-market pay E. Below-market pay