In small organizations, most human resource functions are performed by the owner or by ________.
A. human resource specialists
B. talent managers
C. chief ethical officers
D. operating managers
Answer: D
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When a firm is expensing an item faster on the tax return than on the financial statements, a deferred tax liability is the result
Indicate whether the statement is true or false
The number of days' sales uncollected is calculated by:
A. Dividing net sales by accounts receivable. B. Dividing accounts receivable by net sales and multiplying by 365. C. Dividing net sales by accounts receivable and multiplying by 365. D. Multiplying net sales by accounts receivable and dividing by 365. E. Dividing accounts receivable by net sales.
The following information pertains to Raleigh Company. Assume that all balance sheet amounts represent both average and ending balance figures. Assume that all sales were on credit. Assets Cash and short-term investments $ 40,000 Accounts receivable (net) 30,000 Inventory 25,000 Property, plant and equipment 215,000 Total Assets $310,000 Liabilities and Stockholders' Equity Current liabilities $
60,000 Long-term liabilities 95,000 Stockholders' equity-common 155,000 Total Liabilities and stockholders' equity $310,000 Income Statement Sales $ 90,000 Cost of goods sold 45,000 Gross margin 45,000 Operating expenses 20,000 Net income $ 25,000 Number of shares of common stock 6,000 Market price of common stock $20 What is the current ratio for this company? A) 1.42 B) 0.78 C) 1.58 D) 0.67
Quality Building Materials Inc has developed a new whole-house weather blanket and needs to determine the price point at which builders would switch to this new product. The best research method for this is a(n) A) manual search of other companies' price lists
B) interview with a local builder. C) Internet search of insulation values for weather blankets. D) scientific experiment that presents price choices with controlled variables.