Which of the following reasons best explains why earnings per share (EPS) is such a popular measure to evaluate a company?
A. EPS provides specific information about the ability of a company to repay its long-term debts.
B. EPS provides information that investors can factor into their expectations about future dividends and stock prices.
C. EPS makes it easy to compare one company with another.
D. EPS is an excellent measure of how efficiently long-lived assets are being utilized.
Answer: B
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When implementing the database from a UML class diagram, attributes should be mapped to which of the following?
A. Indexes. B. Fields. C. Tables. D. Relationships.
On September 12, Ryan Company sold merchandise in the amount of $7000 to Johnson Company, with credit terms of 3/10, n/30. The cost of the items sold is $4600. Johnson uses the periodic inventory system and the net method of accounting for purchases. Johnson pays the invoice on September 18, and takes the appropriate discount. The journal entry that Johnson makes on September 18 is:
A.
| Accounts payable | 7000? | |
| Purchases discounts | 210? | |
| Cash | 6790? |
B.
| Cash | 6790? | |
| Purchases discounts | 210? | |
| Accounts payable | 7000? |
C.
| Accounts payable | 4600? | |
| Merchandise inventory | 138? | |
| Cash | 4462? |
D.
| Purchases | 6790? | |
| Cash | 6790? |
E.
| Accounts payable | 6790? | |
| Cash | 6790? |
Assume that an assembly line has three tasks that must be completed (in order, A, B, and C). The tasks have processing times of 12, 15, and 10 minutes per unit, respectively. If the assembly line operates for 480 minutes per day with a desired output of 50 units per day, what is the takt time?
a. 0.1 units per minute b. 13 units per minute c. 9.6 units per minute d. Cannot be determined from the information given
Fact Pattern 17-2BBell Medical Education Service enters into a contract to employ Chris as an instructor for two years to begin May 1. One month before the term begins, Bell is underbid by a competitor and loses a major client, Delta Hospital Center. Bell now refuses to hire Chris.Refer to Fact Pattern 17-2B. Under the circumstances, with respect to damages, Chris can
A. bring an action immediately. B. bring an action only after the contract's two-year term begins. C. bring an action only after the contract's two-year term ends. D. do nothing.