Moving from one source of funding to another in a particular order is called the ________
A) Pecking Order Hypothesis
B) Barnyard Order Hypothesis
C) Funding Order Hypothesis
D) Capital Market Hypothesis
Answer: A
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The Fiesta Royale Corporation payroll for the first week in January was $14,000 . The amount of income tax withheld was 20 percent and the FICA, state unemployment, and federal unemployment tax rates were 8 percent, 5 percent, and 1 percent, respectively. The amount of the employees' withholding taxes are:
a. $4,760. b. $3,920. c. $2,800. d. $5,100.
A(n) ________ test is applied to classifications of people based on a suspect class
A) strict scrutiny B) intermediate scrutiny C) intellectual basis D) cogent basis
On January 4, Year 1, Barber Company purchased 11,500 shares of Convell Company for $138,000 plus a broker's fee of $3600. Convell Company has a total of 57,500 shares of common stock outstanding and it is presumed the Barber Company will have a significant influence over Convell. During each of the next two years, Convell declared and paid cash dividends of $0.75 per share, and its net income was $111,000 and $106,000 for Year 1 and Year 2, respectively. The January 12, Year 3, entry to record Barber's sale of 6900 shares of Convell Company stock, which represents 60% of Barber's total investment, for $93,150 cash should be:
A. Debit Cash $93,150; credit Gain on Sale of Investment $8190; credit Equity Method Investments $84,960. B. Debit Cash $93,150; debit Loss on Sale of Investment $48,450; credit Equity Method Investments $141,600. C. Debit Cash $93,150; credit Gain on Sale of Investment $17,250; credit Equity Method Investments $75,900. D. Debit Cash $93,150; debit Loss on Sale of Investment $7500; credit Equity Method Investments $100,650. E. Debit Cash $93,150; debit Loss on Sale of Investment $17,250; credit Equity Method Investments $110,400.
Coordination requires every stage of the supply chain to focus on
A) the functional revenues for each supply chain member. B) the functional profits for each supply chain member. C) the functional costs for each supply chain member. D) supply chain surplus.