Vista Camera Services started the year with total assets of $110,000 and total liabilities of $45,000. The revenues and the expenses for the year amounted to $120,000 and $90,000, respectively
During the year, the company did not issue any common stock, but it distributed dividends of $50,000. What is the amount of stockholders' equity at the end of the year?
A) $90,000
B) $120,000
C) $45,000
D) $50,000
C .Equity (ending balance) = Equity (beginning balance) - Dividends + Revenues - Expenses
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Which of the four schools of thought believes that workers and employers have multiple, competing interests that center primarily around the division of profits between them?
A. Mainstream economics B. Human resource management C. Industrial relations D. Critical industrial relations
What role, if any, might those with HRM responsibility play in developing leaders with the capabilities described above? What developmental initiatives could be put in place to bring on future leaders?
What will be an ideal response?
Which of the following is true of centralized and decentralized authority?
A. Most organizations either tend to have a completely centralized or a completely decentralized authority depending on the type of organizational structure. B. An organization cannot make changes in the degree to which it decentralizes or centralizes authority depending on its strategic plan and goals. C. Organizations that share relatively little authority are said to be decentralized, and those that share a lot of authority are said to be centralized. D. Supervisors who know whether their employer has a centralized or decentralized structure understand how much authority they can expect to have.
Solaris Sports is excited about expanding its export opportunities to Cuba, since the United States has renewed trade relations with Cuba, and plans to utilize a(n) _______, which links buyers and sellers in different countries but is not involved in manufacturing and does not own assets related to manufacturing.
A. trading company B. contract manufacturing C. licensing D. outsourcing E. import agent