Simulation models can become a powerful tool for decision makers when:
a. Business systems are complex.
b. Business systems are simple.
c. The goal is to reach the optimal solution.
d. All of the above
B
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Typically, a profitable company that pays relatively high dividends:
A. is a bad investment. B. is an attractive investment for those seeking a steady income, like retired people. C. will reinvest more profit which can lead to smaller growth potential. D. will experience more growth in stock price over time.
Why do ad expenditures remain high in the growth stage of the PLC?
What will be an ideal response?
Identify the inducement that an organization provides to its employees.
A. Effort B. Ability C. Loyalty D. Skills E. Pay
In accordance with restrictive debt covenants, Maynard Company appropriated $20,000 of retained earnings. Which of the following entries would be required to recognize this appropriation?
A.
| Appropriated retained earnings | 20,000 | |
| Cash | 20,000 |
B.
| Retained earnings | 20,000 | |
| Appropriated retained earnings | 20,000 |
C.
| Appropriated retained earnings | 20,000 | |
| Retained earnings | 20,000 |
D. No entry would be required.