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

1. Bonds are an extremely common method of short-term organizational financing.
2. Bonds are a common method of long-term organizational financing.
3. Selling stock is a good method of creating needed funds because the shareholders never have to be repaid, there is no legal obligation to pay dividends, and it can help the balance sheet.
4. The dividends on preferred stock are often a fixed percentage of par value
5. The dividends on preferred stock often vary, depending upon the current market value.


1. FALSE
2. TRUE
3. TRUE
4. TRUE
5. FALSE

Business

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Gargiulo Company, a 90% owned subsidiary of Posito Corporation, transfers inventory to Posito at a 25% gross profit rate. The following data are available pertaining specifically to Posito's intra-entity purchases from Gargiulo.  Gargiulo was acquired on January 1, 2017. 201720182019Purchases by Posito$8,000 $12,000 $15,000 Ending inventory on Posito's books 1,200  4,000  3,000 ??Assume the equity method is used. The following data are available pertaining to Gargiulo's income and dividends.? 201720182019Gargiulo's net income$70,000 $85,000 $94,000 Dividends paid by Gargiulo 10,000  10,000  15,000 ?For consolidation purposes, what amount would be debited to cost of goods sold for the 2019 consolidation worksheet with regard to the unrecognized intra-entity

gross profit remaining in ending inventory with respect to the 2019 intra-entity transfer of merchandise? A. $3,760. B. $600. C. $750. D. $675. E. $3,000.

Business

On which of the following levels does needs assessment not take place?

a. Organizational b. Individual c. Team d. Task

Business

The actual quantity of input at the actual price less the actual quantity of input at the standard price is the price variance

Indicate whether the statement is true or false

Business

Which of the following is an example of a recommendation?

A) Institute a wellness program to encourage employees to improve their health by adopting healthy habits. B) Employees who take part in wellness programs have fewer absences. C) A wellness program can be an effective recruiting tool. D) Having a wellness program can lead to reduced employee absenteeism.

Business