According to tournament theory, the greater the pay differential between an employee's present salary and his or her boss's salary, the harder the employee will work.
Answer the following statement true (T) or false (F)
True
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Sabas Company has 20,000 shares of $100 par, 2% cumulative preferred stock and 100,000 shares of $50 par common stock. The following amounts were distributed as dividends: Year 1: $10,000 Year 2: 45,000 Year 3: 90,000 Determine the dividends in arrears for preferred stock for the second year
a. $25,000 b. $10,000 c. $0 d. $30,000
If technology changes rapidly, a firm should:
A) depreciate plant assets using the same method used for its tax returns. B) depreciate plant assets over long periods of time. C) consider an accelerated rate of depreciation. D) use the straight-line method of depreciation as it is the easiest.
When using departmental special journals to accumulate information for departmental gross profit, which account would not be divided to show the activity of each individual department?
a. Sales b. Purchases c. Accounts Payable d. Purchase returns and allowances e. Freight-in
Which of the following is relevant to operations and supply chain management?
A. decisions related to identifying the right product for a target market B. decisions related to strategy, tactics, and operations C. decisions related to identifying the right price for a product D. decisions related to identifying the right advertising media for a product