In a one-tail test, the p-value is found to be equal to .068 . If the test had been two-tail, the p-value would have been:
a. 0.932.
b. 0.466.
c. 0.034.
d. 0.136.
D
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What term is used to describe the process of developing the organization's objectives and goals?
A) Supervising B) Planning C) Improving D) Decision making
Which of the following is not a challenge for middle managers?
a. They are trying to influence change at the top while those at the top are directing them b. They need to enforce change on subordinates while subordinates may be trying to initiate change c. They are tempted to intervene in most all disputes and issues, even when it may not be helpful d. Their managers will tell them exactly what decisions to make and how to proceed
Short-termism is NOT likely to be an impetus for company managers to
A. avoid stock repurchases made to increase earnings-per-share of a company B. carry business operations with existing technologies in all markets to cut costs and increase profits C. take into consideration all tangible future cash flows over intangible brand value appreciation D. decrease spending on research and development E. maintain and hire critical employees with compensations tied to annual company earnings
McDaniel, Inc uses the direct method to prepare its statement of cash flows
Refer to the following financial statement information for the year ended December 31, 2017: McDaniel, Inc Comparative Balance Sheet December 31, 2017 and 2016 2017 2016 Increase (Decrease) Cash $35,100 $15,100 $20,000 Accounts Receivable 26,800 33,800 (7,000 ) Merchandise Inventory 56,100 29,100 27,000 PP&E, net 126,000 92,000 34,000 Total Assets $244,000 $170,000 $74,000 Accounts Payable 9,700 13,700 $(4,000 ) Accrued Liabilities 6,900 2,900 4,000 Long-term Notes Payable 69,400 78,400 $(9,000 ) Total Liabilities $86,000 $95,000 $(9,000 ) Common Stock $55,000 $3,000 $52,000 Retained Earnings 115,000 78,000 37,000 Treasury Stock (12,000 ) (6,000 ) (6,000 ) Total Stockholders' Equity $158,000 $75,000 $83,000 Total Liabilities and Stockholders' Equity $244,000 $170,000 $74,000 McDaniel, Inc Income Statement December 31, 2017 and 2016 2017 2016 Sales Revenue $289,700 Interest Revenue 2,600 Gain on Sale of Plant Assets 6,000 Total Revenues and Gains $298,300 Cost of Goods Sold 146,800 Salaries and Wages Expense 47,500 Depreciation Expense-Plant Assets 16,000 Other Operating Expense 24,700 Interest Expense 3,500 Income Tax Expense 7,800 Total Expenses 246,300 Net Income $52,000 Use the direct method to compute the payments made to employees. (Accrued Liabilities relate to other operating expense.) A) $72,200 B) $43,500 C) $24,700 D) $47,500