A(n) ________ stock pays a large dividend and is unlikely to experience major appreciation
A) blue chip
B) income
C) defensive
D) cyclical
E) growth
B
Explanation: B) Income stocks pay a good and usually steady dividend, but don't have much appreciation. A blue chip stock is from a stable, older company with a good track record that pays dividends. A defensive stock is from a company that makes staples such as food and drugs that are not much affected by downturns or upturns in the economy. A cyclical stock is issued by a company that makes a product like cars or buildings that are strongly affected by upturns and downturns in the economy. A growth stock is expected to generate revenues that increase at a faster rate than the average company.
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Swango Corporation has two production departments, Casting and Customizing. The company uses a job-order costing system and computes a predetermined overhead rate in each production department. The Casting Department's predetermined overhead rate is based on machine-hours and the Customizing Department's predetermined overhead rate is based on direct labor-hours. At the beginning of the current year, the company had made the following estimates: CastingCustomizingMachine-hours 19,000 11,000Direct labor-hours 1,000 8,000Total fixed manufacturing overhead cost$138,700$86,400Variable manufacturing overhead per machine-hour$1.60 Variable manufacturing overhead per direct labor-hour $3.00The estimated total manufacturing overhead for the Customizing Department is closest to:
A. $60,379 B. $110,400 C. $24,000 D. $86,400
Because of time delays between receiving inventory and making the journal entry
a. liabilities are usually understated b. liabilities are usually overstated c. liabilities are usually correctly stated d. none of the above
Change agent effectiveness is a function of what three things?
a. Charisma, action, and situation b. Personality, vision, and situation c. Personality, reputation, action d. Situation, urgency, personality
In comparison to a baseline, productivity is higher if ______.
a. for given input, output is higher b. for given output, input is higher c. the cost of production increases with volume of production d. there is increase in demand with increase in volume of production