Executive officers' compensation is typically comprised of all of the following except
a. incentive bonuses.
b. declared dividends.
c. stock option awards.
d. annual base salaries.
B
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Danville Corporation bought a new machine and agreed to pay for it in equal annual installments of $6,000 at the end of each of the next five years. Assume the prevailing interest rate for this type of transaction is 12%. Assume the present value of an ordinary annuity of $1 at 12% for five periods is 3.60 . The future amount of an ordinary annuity of $1 at 12% for five periods is 6.35 . The
present value of $1 at 12% is 0.567 . How much should Danville record as the note payable on the balance sheet if financial statements were prepared today? a. $17,010 b. $21,600 c. $30,000 d. $38,100
Frank Carpenter, who runs a charity organization, has been faking his father's signature on his father's personal checks and writing them in favor of the charity as donations. He gets hold of the checks from his father's personal assistant, Rhonda Mason, who is also Frank's friend and the charity's trustee. After faking the signature, Frank gives the checks to Rhonda to deposit in the bank. But unbeknownst to Frank, Rhonda routes some of the check money into her own savings account. Frank's father, Dawson, realizes that money is being withdrawn from his account without his consent. He suspects his estranged son, Frank, and in order to find out if Frank is involved, Dawson secretly offers money to the financial accountant of the charity to divulge the charity organization's financial
dealings. The accountant accepts the money and gives access to the account books. After scrutinizing the financial records, Dawson realizes that Frank has been swindling him of his money, and the charity itself was being swindled by somebody from within. With this information, Dawson proceeds to file a suit against his son. In the above scenario, which criminal activity is Frank engaging in when faking his father's signature? A. embezzlement B. forgery C. bribery D. extortion
Condescending words seem to imply that the communicator is temporarily coming down from a level of superiority to join the receiver on a level of inferiority
Indicate whether the statement is true or false
When developing the tone for a claim letter, ________
A) bear in mind that the person reading your message is seldom responsible for the problem B) state the facts of your claim logically, objectively, and unemotionally C) remember that smart businesses know that retaining a customer is far less costly than recruiting a new one D) keep all of these choices in mind