Accepting a special order will improve overall net operating income if the revenue from the special order exceeds:
A. the sunk costs associated with the order.
B. the contribution margin on the order.
C. the variable costs associated with the order.
D. the incremental costs associated with the order.
Answer: D
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The premise of this theory is that the newest technology is not always best; we need to match the message with the medium best suited to present the message.
A. media richness theory B. social network analysis C. uses and gratifications D. diffusion of innovations
Which of the following is a difference between product departmentalization and matrix departmentalization?
A. Unlike organizations with product departmentalization, organizations with matrix departmentalization follow unity of command. B. Unlike organizations with product departmentalization, organizations with matrix departmentalization use two or more forms of departmentalization together. C. Unlike product departmentalization, matrix departmentalization allows managers to specialize in one area of expertise. D. Unlike product departmentalization, matrix departmentalization makes it easier for top managers to assess work-unit performance.
On January 1, Year 1, the organizers of Fredonia Corporation obtained their charter authorizing 400,000 shares of $2 par common stock. Fredonia issued 30,000 shares of $2 par common stock for $8 per share. During Year 1, the corporation earned $820,000 in cash revenue and paid $700,000 in cash expenses, not including income tax. The company declared and paid cash dividends totaling $28,000. Fredonia Corporation is in the 30% tax bracket. Required:Using the above information, prepare an income statement and a balance sheet for the Fredonia Corporation.
What will be an ideal response?
Ali took a seat at a booth at Midway Diner. Between the salt and pepper shakers, Ali noticed something glittering. It was a diamond ring. The ring is most likely A) abandoned property
B) common property. C) mislaid property. D) community property.