Which of the following is the appropriate general journal entry to record the declaration of a cash dividends?

a. Retained Earnings
Cash
b. Cash Dividends Payable
Cash
c. Paid­In Capital
Cash Dividends Payable
d. Cash Dividends
Cash Dividends Payable


d

Business

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SHARE is trying to determine how many clients must be serviced in order to cover its monthly service overhead. Using the high-low method, it has determined that the variable cost per client is $800 and that the monthly fixed overhead is $28,000. Assuming an average fee of $1,400 per client and a targeted profit of $26,000, the number of clients to be serviced is

a. 80 clients. b. 120 clients. c. 47 clients. d. 90 clients.

Business

One of the most significant contributions to strategy making in diversified companies that the nine-cell industry attractiveness competitive strength matrix provides is

A. its ability to pinpoint what kind of competitive advantage or disadvantage each business has. B. identifying which businesses have strategies that should be continued, which businesses have strategies that need fine-tuning, and which businesses have strategies that need a major overhaul. C. that businesses having the greatest competitive strength and that are positioned in the most attractive industries should have the highest priority for corporate resource allocation and that competitively weak businesses in relatively unattractive industries should have the lowest priority and perhaps even be considered for divestiture. D. pinpointing which businesses to keep and which ones to divest. E. pinpointing which strategies are most appropriate for businesses positioned in the four corners of the matrix (although the matrix reveals little about the best strategies for businesses positioned in the remainder of the matrix).

Business

The ________ is the expected value of the regret for each decision

A) expected value B) expected opportunity loss C) expected value of perfect information D) none of the above

Business

Insider trading occurs when persons buy or sell securities on the basis of information that is not available to the pubic.

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

Business