Holman Company pays each of its three salespeople a base salary of $1,000 per month plus a commission of 10 percent of their sales. The base salary is paid each month as incurred; the 10 percent commission is paid the month following the month of sale. The total sales for the past four months are as follows: June $15,000 July 22,000 August 14,000 September 40,000 Total salary and commission cash
payments for September total
A) $1,400.
B) $3,900.
C) $4,400.
D) $2,900.
C
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Under the Modified Accelerated Cost Recovery System (MACRS) depreciation method, the salvage value is
a. added to the cost of the asset. b. ignored. c. subtracted from the cost of the asset. d. added to the straight-line depreciation.
Royer Corporation engaged in this transaction: Purchased land for cash. Indicate which section, if any, the above transaction would appear in, or relate to, on a statement of cash flows
a. Operating activities section b. Investing activities section c. Financing activities section d. Does not represent a cash flow
Once a new behavior has passed a certain point in the diffusion process, the influence of nonprofit marketers diminishes because
a. there are many more people to pass along information about the behavior b. everyone is persuaded, so persuasion is not needed c. they no longer have the right "target audience mindset" d. some people can only be influenced by others e. the old behaviors are so established that nothing will change
A _____________ usually consists of three or more people who work independently to attain organizational goals. While a _____________ is a collection of people brought together to apply their individual skills to a common project or goal.
What will be an ideal response?