As the number of shares of common stock increases, the book value of each share will ________
if equity does not change.
A) remain the same B) increase
C) decrease D) none of the above
C
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Use the selected data from Pinecrest Company's financial statements to answer the following question. 2017 2016 Cash $ 22,000 $ 14,000 Accounts receivable 42,000 16,000 Merchandise inventory 22,000 83,000 Prepaid expenses 23,000 18,000 Total current assets $109,000 $131,000 Total current liabilities $ 65,000 $ 72,000 Net credit sales 221,000 326,000 Cost of goods sold 168,000 299,000 Net cash
flow from operating activities 16,000 29,000 Refer to the data for Pinecrest Company. The current ratio for 2017 is a. 0.60 to 1 b. 0.99 to 1 c. 1.34 to 1 d. 1.68 to 1
Answer the following statements true (T) or false (F)
1. Text messages and documents transmitted over a computer network are called cyber-messages. 2. Project management software allows managers to plan and schedule the people, costs, and resources to complete a project on time. 3. A problem typically associated with interconnected databases on the Internet is the potential to overwhelm employees with too much information. 4. One advantage of e-business is that organizations and teams are no longer as bound by time zones and locations.
Which of the following types of sales quotas encourage salespeople toward the products and services that are the most profitable to the company, as opposed to those that have the highest prices or are easiest to sell?
A) sales volume based quota B) profit based quota C) combination quota D) market based quota
Which actions would Blair Kellison, CEO of Traditional Medicinals Inc., a California-based manufacturer of herbal medicines and teas, NOT typically consider in crafting his company's strategy of social responsibility?
A. actions that promote good stewardship (by protecting and enhancing) the environment B. actions to benefit Traditional Medicinals' shareholders such as raising the dividend or boosting the stock price C. making charitable contributions, supporting community service endeavors by Traditional Medicinals' employees, and reaching out to make a difference in the lives of the disadvantaged D. actions to enhance Traditional Medicinals' workforce diversity E. actions to ensure that Traditional Medicinals has an ethical strategy and operates honorably and ethically