Yen Nguyen's monthly net income from all sources less Social Security taxes is $3,000. This income is called ____ income.

A. ordinary
B. gross
C. disposable
D. discretionary
E. personal


Answer: E

Business

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A copy of the purchase order (PO) is sent to the

a. vendor b. accounts payable function c. receive goods function d. all of the above

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Napoli Industries had net income for Year 2 of $300,000. Napoli had an average number of shares outstanding at the end of the year of 500,000 shares. On January 1, Year 2, the market price of Napoli's stock was $12 per share. On December 31, Year 2, the market price was $15 per share. What is the price-earnings ratio for Napoli at the end of Year 2?

A. 20.00 B. 7.20 C. 25.00 D. None of these answer choices is correct

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In the macroenvironment, the aging of the population is an example of

a. Technological change b. Demographic change c. Political – Legal change d. Economic change e. Social – cultural change

Business

Many employers monitor the e-mail their employees send and receive at work. The courts have held that this practice is legal:

a. never, because it is an invasion of privacy. b. only if an e-mail concerns an illegal matter. c. only if the e-mails concern company business. d. so long as the employees give the employer permission. e. because e-mails are being transmitted on company time and property.

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