Stock dividends have no effect on total stockholders' equity
Indicate whether the statement is true or false
TRUE
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Organizations can achieve competitive advantage if they are powerful enough to _____ suppliers to their mode of operation or buyers to their product.
Fill in the blank(s) with the appropriate word(s).
Olympia Manufacturing uses a predetermined overhead allocation rate based on direct labor cost. At the beginning of the year, Olympia estimated total manufacturing overhead costs at $1,010,000 and total direct labor costs at $820,000. In June, Job 511 was completed. The details of Job 511 are shown below.
What is the amount of manufacturing overhead costs allocated to Job 511? (Round any percentages to two decimal places and your final answer to the nearest dollar.)
A) $16,012
B) $29,561
C) $10,554
D) $19,485
The acronym Project “GLOBE” stands for ______.
What will be an ideal response?
Gotwing Inc., a multinational company, issues promissory notes to big corporations. As the company has strong credit ratings, it easily finds buyers without having to offer a substantial discount for its debt. Which of the following short-term financing options is being used by Gotwing Inc. in the given scenario?
A. Trade credit B. Line of credit C. Commercial paper D. Factoring