What term identifies stock that has been authorized and sold??
A)?authorized and paid stock
B)?outstanding stock
C)?treasury stock
D)?authorized and unissued stock
B
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Speedy has net income of $30,955, and assets at the beginning of the year of $212,000. Assets at the end of the year total $258,000. Compute its return on assets.
A. 16.7%. B. 14.6%. C. 12.0%. D. 13.2%. E. 10.6%.
What is the ending balance in the Direct Materials account?
The inventory account balances as of January 1 are given below.
Titus Manufacturing, Inc. provided the following information for the year:
A) $135,000
B) $6000
C) $110,170
D) $36,000
The T account got its name because it resembles the letter "T."
Indicate whether the statement is true or false
In today’s rapidly changing environment, many organizations are using the ____ type of organizational design, which achieves a desired balance of combining functional and product departmental bases.
a. Virtual b. Multidivisional c. Matrix d. Network