Consider the Demand for Microwave Ovens data set. What is the total demand corresponding to random numbers 56, 74, 93, 83, 39, and 69?
A. 17
B. 10
C. 11
D. 12
A. 17
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Which of the following represents an inflow of cash and therefore would be reported on the statement of cashflows?
a. retirement of bond payable b. acquisition of treasury stock c. declaration of stock dividends d. issuance of long-term debt
The net income for a company was $315,000 last year and is $270,000 this year. The percent of increase or decrease was
a. 16.7%. b. 14.3%. c. 26.4%. d. 86.0%.
Chamberlain Company buys designer clothing to sell in its retail stores. Since much of the merchandise comes from Dallas and Europe, Chamberlain Company must pay freight charges to get the merchandise shipped in. Which statement is true?
a. Transportation-in is added to net purchases to determine cost of goods purchased in a periodic system. b. Transportation-in, paid by Chamberlain Company, is subtracted from purchases under the periodic system. c. Freight charges are only paid by a buyer in a periodic system. d. Transportation-in, paid by Chamberlain Company, is added to the inventory account under the periodic system.
Is LMX fair? Should leaders treat all followers alike?
What will be an ideal response?