Which of the following is NOT normally one of the factors that are taken into consideration when determining how to organize a firm?
a. size
b. age
c. number of employees
d. market
e. competition
b. age
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On November 10, Linden Co split its stock 5-for-2 when the market value was $55 per share. Prior to the split, Linden had 300,000 shares of $15 par value stock. After the split, the par value of the stock was
a. $3. b. $6. c. $15. d. $26.
Answer the following statements true (T) or false (F)
1. The direct method of reporting cash flows from operating activities provides clearer information about the sources and uses of cash than does the indirect method. 2. Most public companies use the indirect method to prepare their statement of cash flows because it is the method the FASB prefers. 3. Tri-City Installations Company uses the direct method to prepare its statement of cash flows. Tri-City has reported sales revenues of $200,000 on its income statement for 2018. If the balance in Accounts Receivable has increased by $10,000 during the year, then $10,000 needs to be added to $200,000 to calculate collections from customers. 4. Urban Installations Company uses the direct method to prepare its statement of cash flows. Urban has reported cost of goods sold of $95,000 on its income statement for 2018. If the balance in the Merchandise Inventory account decreased by $6,000 during the year, then $6,000 needs to be added to $95,000 to calculate payments to suppliers for inventory purchases.
Which of the approaches to conflict resolution does NOT have the problem of creating winners and losers?
a. Accommodation b. Confrontation c. Avoidance d. Compromise
Goods priced at $.87, $1.95, and $99,990 illustrate _____
a. leader pricing b. odd pricing c. flexible pricing d. multiple-unit pricing