The information systems (IS) department determines the membership of a steering committee.
Answer the following statement true (T) or false (F)
False
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Jackson and Campbell have capital balances of $100,000 and $300,000, respectively. Jackson devotes full time and Campbell one-half time to the business. Determine the division of $150,000 of net income in ratio of capital balances
a. $75,000 and $75,000 b. $37,500 and $112,500 c. $100,000 and $50,000 d. $50,000 and $100,000
The Vernon Corporation was formed on January 2, 2018. The company sold 20,000 shares of $8.00 par value stock for $20.00 per share. On July 1, 2018, Vernon bought back 4,000 shares of stock for $24.00 per share. The treasury stock was resold on September 1, 2018 for $32.00 per share.Which one of the following is the entry to record the original sale of the stock?
A.
DR Common stock | 160,000 | ? |
DR Paid-in capital in excess of par | 240,000 | ? |
CR Cash | ? | 400,000 |
B.
DR Common stock | 240,000 | ? |
DR Paid-in capital in excess of par | 160,000 | ? |
CR Cash | ? | 400,000 |
C.
DR Cash | 400,000 | ? |
CR Common stock | ? | 240,000 |
CR Paid-in capital in excess of par | ? | 160,000 |
D.
DR Cash | 400,000 | ? |
CR Common stock | ? | 160,000 |
CR Paid-in capital in excess of par | ? | 240,000 |
A researcher should decide what characteristics the field workers should have when selecting field workers
Indicate whether the statement is true or false
Followers with an internal locus of control believe ______.
A. that leaders are in charge of events that occur in their lives B. that fate and change are in charge of events that occur in their lives C. that they are in charge of the events that occur in their lives D. that the organization is in charge of the events that occur in their lives