Which of the following motivates corporations to split their common stock?
A) To keep the price of the firm's common stock within an optimum price range
B) To increase retained earnings
C) To reallocate capital to shareholders
D) To narrow ownership of the firm
Answer: A
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The relative frequency of a class is computed by dividing the
A. midpoint of the class by the sample size. B. frequency of the class by the midpoint. C. sample size by the frequency of the class. D. frequency of the class by the sample size.
As a new HR Business Partner in AE Housing, describe the challenges you face in ensuring managers are appropriately supported and empowered to make decisions. How would you address those challenges?
What will be an ideal response?
Fernandez Wholesale Plumbing has seen its sales in the Southeast triple in the past two years. Materials handling director Barb Peterson announces plans to the board for an Atlanta facility that will combine shipments received from Fernandez's 25 suppliers for nearly immediate shipment to plumbing stores and contractors in the region. This new facility would be best classified as which of the following?
A. Sales office B. Public warehouse C. Field public warehouse D. Distribution center E. Bonded warehouse
Electrical costs at one of Finfrock Corporation's factories are listed below: Machine-Hours Electrical CostMarch3,642 $40,537April3,616 $40,319May3,667 $40,706June3,634 $40,462July3,665 $40,703August3,659 $40,680September3,644 $40,547October3,612 $40,268November3,624 $40,364 Management believes that electrical cost is a mixed cost that depends on machine-hours. Use the high-low method to estimate the variable and fixed components of this cost. Compute the variable component first, rounding off to the nearest whole cent. Then compute the fixed component, rounding off to the nearest whole dollar. Those estimates are closest to:
A. $11.13 per machine-hour; $40,510 per month B. $9.61 per machine-hour; $5,533 per month C. $7.96 per machine-hour; $11,517 per month D. $0.13 per machine-hour; $40,246 per month