With regard to the launch phase of a new venture, which is the landmark moment for the venture?
a. Having the venture team in place
b. Securing the venture funding
c. The first sale
d. None of the above would be a landmark moment
c. The first sale
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Special order decisions are about whether to accept or reject special orders at prices below the normal market prices
Indicate whether the statement is true or false
Saad has been a manager at Revel Consulting for the past five years. As the business has grown, Saad has taken on more and more responsibilities and is now at the point where he is working on more than 10 projects every quarter. Saad’s supervisor, Vance, wants Saad to hire two assistant managers to aid Saad in managing projects; however, while Saad agrees that he is becoming overwhelmed, he fears that additional employees will make completing the projects more difficult, which makes him hesitant to agree with Vance’s plan. Saad appears to be stuck at which step of the motivational process?
a. need b. motive c. satisfaction or dissatisfaction d. feedback
The base amount for vertical analysis of net income is ________
a. net sales b. total assets c. total stockholders' equity d. total liabilities
On January 1, 2018, Harrison Corporation spent $2,600,000 to acquire control over Involved, Inc. This price was based on paying $750,000 for 30 percent of Involved's preferred stock, and $1,850,000 for 80 percent of its outstanding common stock. As of the date of the acquisition, Involved's stockholders' equity accounts were as follows: Common stock, $10 par value, 100,000 shares outstanding$1,000,000 Preferred stock, 7% fully participating, $100 par value, 10,000 shares outstanding 1,000,000 Retained Earnings 2,000,000 Total stockholders' equity$4,000,000 ?Assuming Involved's accounts are correctly valued within the company's financial statements, what amount of goodwill should be recognized for the Investment in Involved?
A. $200,000. B. $(100,000.) C. $2,112,500. D. $0. E. $812,500.