Which of the following is NOT considered when determining base pay for an employee?
A) pay rates offered by area competitors
B) union status of the job
C) employee experience
D) employee gender
E) prevailing industry pay levels
Answer: D
Explanation: D) The Equal Pay Act of 1963 prohibits pay differences based on gender for performing the same work.
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Which of the following is a category of segmentation variables used for industrial marketing segmentation?
A) strategic variables B) operating variables C) interpersonal variables D) supply chain variables
Hometown Grocery, Inc. has 41,000 shares of common stock outstanding and 5000 shares of preferred stock outstanding. The common stock is $6.00 par value; the preferred stock is 4% noncumulative with a $100.00 par value. On October 15, 2018, the company declares a total dividend payment of $55,000. What is the amount of dividend that will be paid for each share of common stock? (Round your answer to the nearest cent.)
A) $0.85 B) $24.60 C) $2460.00 D) $0.75
A stock's beta is more relevant as a measure of risk to an investor who holds only one stock than to an investor who holds a well-diversified portfolio.
Answer the following statement true (T) or false (F)
Clevenger Co. planned to produce and sell 30,000 units with a selling price of $10 per unit. Variable costs are expected to be $4 per unit and fixed costs are expected to be $80,000. Clevenger actually produced and sold 37,000 units.Using a contribution margin format:Prepare a flexible budget income statement for the actual level of sales and production.
What will be an ideal response?