ChevronTexaco and Coca-Cola were under court orders to improve their record on diversity management. This is an example of change as a response to _____.
A. fashion
B. external mandate
C. geopolitics
D. hypercompetition
B. external mandate
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________ is money from selling part of a business to people who are not and will not be involved in the management of the business.
A. Dividend B. Outside equity C. Bond D. Equity capital
Gray Company, a closely held C corporation, incurs a $50,000 loss on a passive activity during the year. The company has active income of $34,000 and portfolio income of $24,000. If Gray is not a personal service corporation, it may deduct $34,000 of the passive activity loss.
Answer the following statement true (T) or false (F)
Under the learning curve, as the number of repetitions or units of an item produced doubles, the processing time per unit of that item decreases by a constant percentage. This constant percentage is typically in the ______ range.
A. 30–50% B. 10–20% C. 40–50% D. 1–10%
Data on Mertz Co. for the most recent year are shown below, along with the payables deferral period (PDP) for the firms against which it benchmarks. The firm's new CFO believes that the company could delay payments enough to increase its PDP to the benchmarks' average. If this were done, by how much would payables increase? Use a 365-day year. Cost of goods sold =$75,000 Payables =$5,000 Payables deferral period (PDP) =24.33 Benchmark payables deferral period =30.00
A. $764 B. $849 C. $943 D. $1,048 E. $1,164