Vincent's business has grown; he now employs 14 people. He enjoys teaching new employees the skills they need to make his products. One of Vincent's reasons for being in business for himself is:
A. personal satisfaction.
B. independence.
C. financial rewards.
D. being the best he can be.
Answer: A
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Which of the following statements is True
a. A mixed cost can be separated into fixed and variable components using the Hi Lo method b. As production increases, the fixed cost per unit will decrease. c. Depreciation computed under the straight line method is a fixed cost. d. All of the above statements are true.
Regulation of commercial speech must be:
a. "narrowly tailored to prevent monopolies" b. "narrowly tailored to achieve the desired objective" c. "narrowly tailored to make the corporation money" d. "broadly tailored to achieve the desired objective" e. none of the other choices are correct
The accounts that represent resources owed to creditors are called:
A. Dividends. B. Stockholders' equity. C. Assets. D. Liabilities.
A company reported $1,050,000 in net income for the current year. Earnings per common share is $1.75 and the year-end market price of the shares is $31.50. Calculate the company's price earnings ratio.
What will be an ideal response?