A company had the following figures:Gross Sales $500,000Returns and Allowances $20,000Cost of Goods Sold (CGS) $225,000Selling, General, and Administrative Expenses (SG&A) $145,000Other Expenses $50,000Taxes $25,000Outstanding Common Shares 50Find the earnings per share for the company.
Fill in the blank(s) with the appropriate word(s).
$700
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An increase in accounts receivable of $1,000 over the course of a year would be shown on the company's statement of cash flows prepared under the indirect method as:
A. a deduction from net income of $1,000 in order to arrive at net cash provided by operating activities. B. a deduction of $1,000 under financing activities. C. an addition of $1,000 under financing activities. D. an addition to net income of $1,000 in order to arrive at net cash provided by operating activities.
The ________ is a rule that is applicable to restraints of trade considered inherently anticompetitive
A) consent decree B) Noerr doctrine C) per se rule D) rule of reason
Rulemaking—the formulation of new administrative regulations—is a major function of Congress, not administrative agencies
a. True b. False Indicate whether the statement is true or false
Which of the following should executives most likely do to better understand their company's strengths and weaknesses?
A. They should constantly monitor the external environment of the company. B. They should actively seek firsthand information from key people throughout the company. C. They should request information from their competitors. D. They should collect information from government reports and the news.