Possessing legitimate power ensures that all of your orders will be followed by your subordinates.
Answer the following statement true (T) or false (F)
False
Possessing legitimate power does not ensure that subordinates will follow all of your orders; the orders must fall within the subordinate's zone of indifference.
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A corporation has 20,000 shares of 17%, $50 par cumulative preferred stock outstanding and 25,000 shares of no-par common stock outstanding. Preferred dividends of $36,000 are in arrears. At the end of the current year, the corporation declares a dividend of $208,000. How is the dividend allocated between preferred and common stockholders?
A) The dividend is allocated $2000 to preferred stockholders and $206,000 to common stockholders. B) The dividend is allocated $206,000 to preferred stockholders and $2000 to common stockholders. C) The dividend is allocated $208,000 to preferred stockholders and no dividend is paid to common stockholders. D) The dividend is allocated $170,000 to preferred stockholders and $38,000 to common stockholders.
A company that uses data mining is unlikely to need a data warehouse, as the company's data is constantly in use
Indicate whether the statement is true or false
A company issued 180 shares of $100 par value common stock for $21,400 cash. The total amount of paid-in capital in excess of par is:
A. $3400. B. $1800. C. $21,400. D. $100. E. $18,000.
Which of the followingcurrent asset financing policies/approaches asserts that all of a firm's fixed assets, all of its permanent current assets, and some of its temporary current assets should be financed with long-term capital?
A. Maturity matching approach B. Aggressive approach C. Conservative approach D. Self-liquidating approach E. Permanent current assets approach