What is meant by social networking websites?
What will be an ideal response?
Social networking websites (SNW) are one of the features of Web 2.0. Social networking tools such as Facebook, LinkedIn, and Twitter have become important tools for organizations, and human resources is not an exception. Although many of these networks were originally developed to enhance personal social connections, organizations are increasingly harnessing the power of SNW in the workplace. For example, tools such as wikis are being used by organizations to harness and centralize employee knowledge. Some companies are even requiring that employees contribute to the company wiki, making these contributions a formal component of various jobs.
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The marketing director asks James to bring her the sales data from the last quarter; however, he misunderstood and brought her sales data from 2010. The information is not useful because it is not ________.
A. necessary B. worth the cost C. knowledge D. timely E. crucial
Sabino Corporation's total common stock was $500,000 at the end of both Year 2 and Year 1. The par value of common stock is $5 per share. The company's total stockholders' equity at the end of Year 2 amounted to $1,125,000 and at the end of Year 1 to $1,090,000. The company's total liabilities and stockholders' equity at the end of Year 2 amounted to $1,581,000 and at the end of Year 1 to $1,540,000. The company's retained earnings at the end of Year 2 amounted to $545,000 and at the end of Year 1 to $510,000. The company's net income in Year 2 was $39,000. The company's book value per share at the end of Year 2 is closest to:
A. $11.25 per share B. $5.45 per share C. $0.39 per share D. $15.81 per share
A corporation reports the following year-end balance sheet data. The company';s current ratio equals:
A) 0.58
B) 1.27
C) 2.07
D) 0.37
E) 0.63
Conklin plans to leave the CAP Partnership. The recorded value of his capital account is $48,000. The remaining partners Arthurs and Preston agree to pay Conklin $40,000 cash and Conklin accepts. The partners share income and loss equally. Prepare the general journal entry to record the withdrawal from the partnership.
What will be an ideal response?