For a stock dividend of less than 20 to 25% of the outstanding shares, Stock Dividends is debited for the par value of the stock to be distributed
a. True
b. False
Indicate whether the statement is true or false
False
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Knapper Kennel uses tenant-days as its measure of activity; an animal housed in the kennel for one day is counted as one tenant-day. During January, the kennel budgeted for 2,700 tenant-days, but its actual level of activity was 2,740 tenant-days. The kennel has provided the following data concerning the formulas to be used in its budgeting: Fixed Element per MonthVariable Element per Tenant-DayRevenue - $37.00 Wages and salaries$3,800 $6.10Food and supplies 900 14.90Facility expenses 9,700 4.80Administrative expenses 6,600 0.10Total expenses$ 21,000 $ 25.90The net operating income in the flexible budget for January would be closest to: (Round your intermediate calculations to 2 decimal places.)
A. $8,970 B. $8,350 C. $8,600 D. $9,414
During which stage of team development should the team leader help clarify team norms and values?
A. Adjourning B. Storming C. Forming D. Performing E. Norming
What type of advertising attempts to develop initial demand for a product?
A. narrative B. reminder C. informative D. persuasive E. entertainment
A principal-agent contract
a. must be in writing if it involves the sale of real estate. b. must be in writing if the relationship is to last for less than one year. c. never needs to be in writing. d. must always be in writing.