________ are debt and equity securities that a company intends to actively manage and trade for a profit.
What will be an ideal response?
Trading securities
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Mendes Charters reported the following information at December 31, 2015: Preferred stock, $100 par, 500 shares authorized, and outstanding; cumulative; nonparticipating; callable at par value $ 50,000 Common stock, $12 par, 50,000 shares authorized and outstanding 600,000 Additional paid-in capital--Common 25,000 Retained earnings 825,000 Mendes' total contributed capital is
a. $ 650,000 b. $ 675,000 c. $1,500,000 d. $ 625,000
Responsibility is ______.
a. the obligation to achieve objectives by performing required activities b. the right to make decisions, issue orders, and use resources c. how well individuals meet their objectives d. the clear line of authority from the top to the bottom of an organization, forming a hierarchy
If sales are $525,000, variable costs are 56% of sales, and operating income is $50,000, what is the contribution margin ratio?
A) 44% B) 26.5% C) 9.5% D) 64%
A job description is a written document that describes job relationships and requirements that characterize each sales position. Once established, the job description is then translated into a ________.
A. statement of job credentials B. statement of emotional intelligence C. statement of job education D. statement of job requirements E. statement of job qualifications