All of the following statements concerning appropriation of retained earnings are true EXCEPT
a. the practice of appropriating retained earnings is unusual today.
b. stockholders generally expect all unappropriated retained earnings to be distributed in the form of dividends.
c. it is necessary to advise balance sheet readers that retained earnings is not totally available for dividends.
d. simply noting the restriction of retained earnings is not sufficient.
b
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Nico sees that his former boss led the company by coercing employees into completing their tasks early. Nico would like to take a different approach by empowering his employees. What would be a positive FIRST step?
A. Call a company meeting and tell everyone how he plans to lead. B. Bribe his team of leaders to act like a friendly and open leadership staff. C. Begin immediately modeling the type of open leader he wants his employees to be. D. Write a company policy that penalized anyone for coercive behavior.
To determine the number of units that must be sold to earn a target operating income, one can use the equation for operating income and replace the operating income term with the target operating income
Indicate whether the statement is true or false
The two major components of the interest rate that cause rates to vary across different investment opportunities or loans are ________
A) the default premium and the bankruptcy premium B) the liquidity premium and the maturity premium C) the default premium and the maturity premium D) the inflation premium and the maturity premium
With WATS calls, the ________ pays and pays ________ per minute than direct distance dialing
A) caller, more B) caller, less C) called party, more D) called party, less