Which of the following would be an effective goal according to goal setting theory?
a. I want you to do your very best.
b. Although you’ve been getting C’s and D’s, I want you to get all A’s next quarter.
c. Raise profits.
d. Achieve a 10% sales growth over the next year.
e. You’ve been producing 100 things a day for the last six months. Your goal for the next six months is to produce 65 things a day.
d. Achieve a 10% sales growth over the next year.
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Which of the following is TRUE of the sales budget?
A) It provides sales data that is used to prepare financial statements for external reporting purposes. B) It captures the variable and fixed expenses of the business. C) It is used in the production budget. D) It shows the cost of expected production in a period.
Which of the following is NOT added to net income as an adjustment to reconcile net income to cash from operating activities on the statement of cash flows?
a. Increase in an accrued liability b. Amortization of discount on bond payable c. Loss on sale of operational asset d. Increase in deferred tax asset
Which of the following has a beta of zero?
A) A risk-free asset B) The market C) A high-risk asset D) Both A and B
Vertigo, Inc, has a 2017 net § 1231 loss of $64,000 and had a $32,000 net § 1231 gain in 2016 . For 2017, Vertigo's net § 1231 loss is treated as:
a. Ordinary loss. b. Ordinary gain. c. Capital loss. d. Capital gain. e. None of the above.