Magnum Corporation had 60,000 of its $3 par common stock issued before its recent 3-for-1 stock split. The market price of the stock was $30 per share before the split. Which of the following is true as a result of the split?
A) There were 20,000 shares of common stock issued after the split.
B) The balance in the common stock account increased to $180,000.
C) The market price of the stock was not affected.
D) The par value of the stock decreased to $1 per share.
D
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Which of the following statements about the mass media is true?
a. Johnson & Johnson, maker of Tylenol, has an unblemished record when it comes to successful media strategy during a crisis. b. The power and the reach of mass media are declining. c. In a crisis, the media should be used to communicate frequently and honestly with the public. d. Very few companies feel the need to have public-relations people to communicate with the press. e. Only top-level executives need special instruction on how to deal with the media.
Factory employees' wages should be incorporated into the Work in Process Inventory account
Indicate whether the statement is true or false
Answer the following statements true (T) or false (F)
1. An example of external failure costs is the cost of handling product warranties. 2. Activities to fix price are included in calculating the cost of quality. 3. Edwards Deming taught statistical quality control methods to the Japanese after World War II. 4. The Union of Japanese Scientists and Engineers instituted the Deming Prize. 5. Quality inspectors work for free is true regarding the phrase quality is free.
Which of the following is TRUE about Affirmative Action?
a. Affirmative action is required by Title VII. b. Affirmative action is prohibited by Title VII. c. Affirmative action is allowed in goverment contracts if it can show the programs are needed to overcome specific past discrimination. d. Affirmative action programs are usually voluntary on the part of employers, since courts have no power to order remedies for past discrimination.