Which of the following is a useful tip on taking lecture or meeting notes?
A. Do not write notes directly on handouts.
B. Try and take down everything the speaker says.
C. Ask questions if permitted.
D. Do not leave any margins or empty spaces in your notes.
C
One of the tips on taking lecture or meeting notes is to ask questions if permitted. Most
speakers indicate a specific time for questions.
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Fairchild Company acquired a building valued at $210,000 for property tax purposes in exchange for 6,000 shares of its $10 par common stock. The stock is widely traded and selling for $31 per share. At what amount should the building be recorded by Fairchild Company?
a. $210,000 b. $60,000 c. $186,000 d. $150,000
Economic theory predicts that rational customers will collect information only to the point at which the marginal benefit of obtaining the information in terms of incremental value to making a choice equals the marginal cost
Indicate whether the statement is true or false
If the rate of return on assets for the year is 15%, a general interpretation of the ratio would be
a. the assets generated $0.15 cash per dollar of cash invested. b. 15% of the assets produced income while the remainder were at break-even for the year. c. before payment for use of capital, $0.15 was earned for each dollar of assets used by the company. d. dividends of $0.15 per share were paid. e. before payment for use of capital, $0.15 was earned for each dollar of cash used by the company.
Assessing conflict may be accomplished by:
A) Identifying individual contributions B) Assessing the working of the overall system C) Determining recurring patterns inside the system D) All of the above