Which example from the text best exemplifies how a stakeholder can effect a change that, in turn, affects other stakeholders?
A. the strong ethical stance taken by Johnson & Johnson executives
B. an NGO raising concern about unequal pay of laborers
C. Ford's introduction of the Edsel to compete with other cars
D. Whole Foods' assertion of social responsibility for companies
Answer: B. an NGO raising concern about unequal pay of laborers
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According to CDT, ______ results from an individual’s internal struggle to change beliefs or behaviors to restore consonance.
A. motivation B. passivity C. attribution D. dispositional factors
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
When a company has performed a service but has not yet received payment, what is the required journal entry to be recorded?
a. Accounts Receivable – Debit; Revenue from Services – Credit b. Revenue from Services – Debit; Accounts Payable – Credit c. No entry is required until the cash is received. d. Revenue from Services – Debit; Accounts Receivable – Credit
An organization's discount rate should be less than the organization's cost of capital
Indicate whether the statement is true or false