One objective of preventive law is to arrange business plans and methods to increase profits by ________.
A. prioritizing the interests of corporate stockholders over the interests of other stakeholders
B. reaching business goals through enforceable contracts while avoiding government prohibitions
C. honoring legal obligations while avoiding ethical obligations
D. strictly adhering to the socioeconomic view of the social responsibility of business
Answer: B
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Presented below are selected data from the financial statements of Parade Corp 2016 2017 Net income $150,000 $123,000 Weighted average number of common shares outstanding 105,000 95,000 Market price per share of common stock at the end of the year $12.00 $10.00 The price/earnings ratio for 2017 is
a. .80 to 1 b. 1.43 to 1 c. 8.39 to 1 d. 12.50 to 1
Which of the following strategies can a retailer utilize to attract shoppers to its website?
A. Prime its sales associates to use its website. B. Print the website address on signage, bags, and in advertising. C. Focus on bankruptcy proceedings to create a trustworthy image. D. Persuade investors with positive sales forecasts. E. Encourage vendors to deliver the assortments.
Which of the following is an inventory costing method?
a. Perpetual b. Lower-of-cost-or-market c. Specific identification d. Periodic
Under international accounting standards, which of the following methods of inventory costing is not acceptable?
a. Weighted-average b. Moving-average c. FIFO d. LIFO