People with a(n) ________ locus of control believe that they have little control over their performance.
Fill in the blank(s) with the appropriate word(s).
external
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According to your textbook, what percentage of Business Process Reengineering change programs fail?
a. 40% b. 50% c. 70% d. 90%
Indicate the plural form of the noun. memo
A forum selection clause allows the parties to a contract to specify where they wish to litigate a dispute over the contract, should one arise
a. True b. False Indicate whether the statement is true or false
On January 1, 2018, Nichols Company acquired 80% of Smith Company's common stock and 40% of its non-voting, cumulative preferred stock. The consideration transferred by Nichols was $1,200,000 for the common and $124,000 for the preferred. There was no premium in the value of consideration transferred. Any excess acquisition-date fair value over book value is considered goodwill. The capital structure of Smith immediately prior to the acquisition is: Common stock, $10 par value (50,000 shares outstanding)$500,000 Preferred stock, 6% cumulative, $100 par value, 3,000 shares outstanding 300,000 Additional paid in capital 200,000 Retained earnings 500,000 Total stockholders' equity$1,500,000 ?With respect to Nichols' investment in Smith, determine the amount to be recorded and
identify which account should be adjusted to reflect such amount. A. $1,324,000 for Investment in Smith. B. $1,200,000 for Investment in Smith. C. $1,200,000 for Investment in Smith's Common Stock and $124,000 for Investment in Smith's Preferred Stock. D. $1,448,000 for Investment in Smith's Common Stock. E. $1,200,000 for Investment in Smith's Common Stock and $120,000 for Investment in Smith's Preferred Stock.