Job applicants should use people they know personally as references because those people make the best references
Indicate whether the statement is true or false
False
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Thanks to social media, it is no longer important to network when you are trying to get a jump on the competition for a job
Indicate whether the statement is true or false
Blue Heron Company has 40,000 shares of 1% cumulative preferred stock of $200 par and 200,000 shares of $40 par common stock. The following amounts were distributed as dividends: Year 1: $60,000 Year 2: $300,000 What is the amount of dividends paid to common stock in Year 2?
a. $200,000 b. $150,000 c. $120,000 d. $100,000
A corporation formed in another country but doing business in the United States is referred to in the United States as an alien corporation
a. True b. False Indicate whether the statement is true or false
Lochner Corporation is an oil well service company that measures its output by the number of wells serviced. The company has provided the following fixed and variable cost estimates that it uses for budgeting purposes and the actual results of operations for June. Fixed Element per MonthVariable Element per Well ServicedActual Total for JuneRevenue $5,600$148,000Employee salaries and wages$40,600 $1,200$73,700Servicing materials $500$13,600Other expenses$42,800 $43,300?When the company prepared its planning budget at the beginning of June, it assumed that 24 wells would have been serviced. However, 26 wells were actually serviced during June.?The revenue variance in the Revenue and Spending Variances column of a report comparing actual results to the flexible budget
for June would have been closest to: A. $13,600 F B. $2,400 U C. $13,600 U D. $2,400 F