"A firm is in a fast-growing industry." With which element of the S.W.O.T. analysis tool does this statement fit?
A. weaknesses
B. threats
C. strengths
D. opportunities
Answer: D
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Bonds are typically issued in denominations of $10,000
a. True b. False Indicate whether the statement is true or false
A company had the following stockholders' equity on January 1: Common Stock ? $1 par value; 1,000,000 shares authorized, 350,000 shares issued and outstanding …………………….$ 350,000Paid-in capital in excess of par value, common stock ……....700,000Retained earnings ……………………………………………364,000Total stockholders' equity ……………………………………$1,414,000??On January 10, the company declared a 40% stock dividend to stockholders of record on January 25, to be distributed January 31. The market value of the stock on January 10 prior to the dividend was $20 per share. What is the book value per common share on February 1?
What will be an ideal response?
The LaGrange Corporation had the following budgeted sales for the first half of the current year: Cash Sales Credit SalesJanuary$70,000$340,000February$50,000$190,000March$40,000$135,000April$35,000$120,000May$45,000$160,000June$40,000$140,000The company is in the process of preparing a cash budget and must determine the expected cash collections by month. To this end, the following information has been assembled:Collections on sales:60% in month of sale30% in month following sale10% in second month following saleThe accounts receivable balance on January 1 of the current year was $70,000, of which $50,000 represents uncollected December sales and $20,000 represents uncollected November sales.The total cash collected during January by LaGrange Corporation would be:
A. $254,000 B. $410,000 C. $344,000 D. $331,500
The activities of government, business, and independent organizations designed to aid and protect shoppers involve _____
a. advertising regulation b. social responsibility c. consumerism d. a consumer orientation of business