Cree LED Light Bulb PhotoCree markets LED (light-emitting diode) light bulbs (see the photo above) that replaces the traditional incandescent bulb. The Cree LED 60w bulb is 84 percent more energy efficient, lasts for 25,000 hours, and initially sold for about $12 at Home Depot. Cree is an example of a(n) ________.

A. government agency
B. business firm
C. nonprofit organization
D. cooperative
E. industry


Answer: B

Business

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On January 1, Buchanan Corporation had 50,000 shares of common stock outstanding. On April 1, the company declared a 20% stock dividend, and on August 1, the company had a 3-for-1 stock split. On December 1, the company issued an additional 6,000 shares. What is the denominator in the earnings per share calculation?

A) 186,000 B) 180,500 C) 180,000 D) 173,000

Business

Which of the following is TRUE about task and relationship conflict?

a. The two are often related. b. Task conflicts often lead to increased relationship conflicts. c. The two are not at all related. d. The two are related only on routine tasks.

Business

If Kettler Company loans $24,000 to Beam Company on March 1, Year 1, and the one-year note carries an interest rate of 7%, how much interest revenue will Kettler recognize in Year 1? How much interest revenue will Kettler recognize in Year 2?

What will be an ideal response?

Business

The goal of business continuity planning is to protect data and keep key systems operational until order is resumed.

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

Business