Authorized stock represents the
a. maximum number of shares that can be issued.
b. number of shares that have been sold.
c. number of shares that are currently held by stockholders.
d. number of shares that have been repurchased by the corporation.
a
You might also like to view...
You recently delivered a training program about a new strategic planning method to a group of managers. You administered a survey with the managers 3 months after the training program and reported percentages of different types of behavioral change as shown in the chart below. Among the four options listed below, which survey question allowed you to develop this bar graph?
a. Have you fully implemented the new strategic planning method?
___ Yes
___ No
b. Have you implemented the new strategic planning method?
(Never) 1 2 3 4 (Fully)
c. How much of the new strategic planning method have you implemented?
___ fully
___ partially
___ merely attempted
___ never
d. I have fully implemented the new strategic planning method.
___ Strongly agree
___ Agree
___ Disagree
___ Strongly disagree
HNW Ltd. HNW Ltd. manufactures and sells food processors. A popular consumer magazine has recently evaluated food processors and has ranked HNW's processors as being of "poor quality". As a result, HNW's management team has begun to analyze all costs associated with their food processors in more detail, and the following data has been compiled: Scrap costs $ 80,000 Quality training 75,000
Warranty claims 100,000 Rework costs 50,000 Inspection of incoming materials 30,000 Product quality audits 60,000 Statistical process control 40,000 Refer to the HNW Ltd. information above. What are HNW's total prevention costs? A) $30,000 B) $165,000 C) $105,000 D) $75,000
What are priority rules? Provide examples and indicate why a manager would choose to adopt one over another
What will be an ideal response?
Thomas Enterprises purchased 56,000 pounds (cost = $420,000) of direct material to be used in the manufacture of the company's sole product. According the production specifications, each completed unit requires five pounds of direct material at a standard cost of $7.80 per pound. Direct materials consumed by the end of the period totaled 53,500 pounds in the manufacture of 10,900 finished units.An examination of Thomas' payroll records revealed that the company worked 22,000 labor hours (cost = $319,000) during the period, and specifications called for each completed unit requiring two hours of labor at a standard cost of $14.80 per hour. Assume that the company computes variances at the earliest point in time.Thomas' direct-labor efficiency variance was
A. $2,960F. B. $2,900F. C. $2,900U. D. $2,960U. E. None of the answers is correct.