In the current year, ABC Corporation had the following items of income, expense, gains, and losses:Sales$500,000Cost of sales270,000Operating expenses100,000Interest on savings account14,000Gain on sale of AT&T stock6,000Loss on sale of IBM stock15,000What is taxable income for the year?

A. $144,000
B. $150,000
C. $141,000
D. $135,000


Answer: A

Business

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Multilateral trade negotiations have led to

a. continued liberalization of trade and investment. b. increased protectionism. c. higher tariffs. d. more expensive financing.

Business

Answer the following statements true (T) or false (F)

1. Job design affects job satisfaction and productivity. 2. One problem with job simplification is that it almost always results in a job that is more repetitive and boring than it was before it was simplified. 3. Job enrichment is based on the organizing principle of division of labor and Taylor’s scientific management principles. 4. A current trend in job design is to give employees reduced job autonomy. 5. One way to enrich jobs is for managers to delegate more responsibility to employees to make a job satisfying.

Business

In the context of the workforce advantage in the business environment, finding and holding the best talent will likely become a crucial competitive issue in the next decade as the baby boom generation begins to retire. However,job market contraction may not be an issue, because:

A. baby boomers include about 47 million people, while the generation that follows includes 77 million. B. baby boomers contribute to dysfunctional turnover, which is likely to reduce after they retire. C. reverse mentoring can ensure that young employees are properly trained by baby boomers. D. manybaby boomers opt to postpone retirement in the face of inadequate financial resources.

Business

Describe the innovation process.

What will be an ideal response?

Business