Halle plans to pay her workers the lowest hourly rate of pay generally allowed under the Fair Labor Standards Act. In other words, Halle will pay her workers _________.
A. skill-based pay
B. overtime wages
C. at-the-market wages
D. minimum wage
E. profit wages
D. minimum wage
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Long-term assets are $800, current liabilities are $500, and long-term liabilities are $600 . If the current ratio is 2.5 to 1, then current assets are
a. $200 b. $625 c. $1,250 d. $2,000
Which of the following is true?
a. Companies usually disclose cash flow per share on their financial statements. b. Companies usually disclose the sales price of each individual stock transaction on their financial statements. c. The issuance of a stock dividend is an investing activity. d. Financing activities can be inflows or outflows of cash.
A supervisor’s authority to approve a timesheet is what kind of power?
a. coercive power b. authority power c. legitimate power d. superior power
Which of the following statements on strategy and tactics is not true?
A. Tactics are short-term, adaptive moves. B. Tactics are designed to enact or pursue broad strategies. C. Strategy is subordinate to tactics. D. Strategy refers to the overall plan to accomplish one's goals.