An adjustment to retained earnings as a result of a conversion of preferred stock to common stock most likely would occur when
a. par value of the preferred stock is high relative to fair value of the common stock.
b. par value of the common stock is less than the book value of the preferred stock.
c. par value of the common stock exceeds the book value of the preferred stock.
d. par value of the preferred stock is low relative to fair value of the common.
C
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A knowledge or information worker engages in mind work and is paid for his or her education and ability to ________
Fill in the blank(s) with correct word
Consider a product mix problem, where the decision involves determining the optimal production levels for products X and Y. A unit of X requires 4 hours of labor in department 1 and 6 hours of labor in department 2
A unit of Y requires 3 hours of labor in department 1 and 8 hours of labor in department 2. Currently, 1000 hours of labor time are available in department 1, and 1200 hours of labor time are available in department 2. Furthermore, 400 additional hours of cross-trained workers are available to assign to either department (or split between both). Each unit of X sold returns a $50 profit, while each unit of Y sold returns a $60 profit. All units produced can be sold. Formulate this problem as a linear program. (Hint: Consider introducing other decision variables in addition to the production amounts for X and Y.)
Gander, an apparel company, is known to be a profit-hungry company. It lands in a controversy when it comes to light that the company pays almost nonliving wages to the workers in its manufacturing subsidiaries based in developing countries. In the context of business behavior, Gander's business conduct is:
A. legal and ethical. B. illegal and unethical. C. legal but unethical. D. illegal but ethical.
From a motivational standpoint, salary adjustments tend to be more effective than bonuses.
Answer the following statement true (T) or false (F)