Employees who feel a sense of continuance commitment identify with the organization, accept that organization's goals and values, and are more willing to exert extra effort on behalf of the organization.
Answer the following statement true (T) or false (F)
False
Employees who feel a sense of affective commitment identify with the organization, accept that organization's goals and values, and are more willing to exert extra effort on behalf of the organization. Continuance commitment is defined as a desire to remain a member of an organization because of awareness of the costs associated with leaving it.
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A company with 100,000 authorized shares of $4 par common stock issued 40,000 shares at $8 . Subsequently, the company declared a 2% stock dividend on a date when the market price was $11 a share. What is the amount transferred from the retained earnings account to paid-in capital accounts as a result of the stock dividend?
a. $3,200 b. $6,400 c. $4,800 d. $8,800
DCOM and CORBA make application integration easier by providing a standard set of:
A) protocols. B) data conversion formats. C) user profiles. D) APIs.
Identify which of the following statements is true.
A. The loss recognized by a corporate shareholder on the worthlessness of the controlled subsidiary's stock is an ordinary loss. B. A loss recognized by a shareholder upon complete liquidation of a corporation may not qualify for ordinary loss treatment if the stock is Sec. 1244 stock. C. The loss that is recognized by an individual shareholder on the liquidation of a corporation is a capital loss, up to certain limits, if the stock is Sec. 1244 stock. D. All of the above are false.
A firm is planning for next year and has developed the following information. This year's sales $7.90M Next year's sales $9.48M This year's inventory $2.37M This year's cost ratio* 60.0% *Cost of goods sold (COGS) Next year's cost ratio* 55.0% as a % of sales What inventory balance should be included in next year's plan if management intends to increase inventory turnover by two turns
in the coming year? Calculate using ending balances and the COGS formulation of inventory turnover. A) $1.74M B) $1.90M C) $1.30M D) $1.24M