The "Influencer" model asserts that people will do new things (change behaviors) based on two fundamental questions:
A)
How big is the reward? and Why is the change important?
B)
What's in it for me? and Can I do it?
C)
Is this consistent with company goals? and What will I get for doing it?
D)
Will this work? and How soon will we see results?
B
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The cost of the partially completed goods at the end of the period would be
A) beginning work in process inventory B) cost of goods manufactured C) ending work in process inventory D) ending finished goods inventory
Selected current year company information follows: Net income$15,953 Net sales 712,855 Total liabilities, beginning-year 83,932 Total liabilities, end-of-year 103,201 Total stockholders' equity, beginning-year 198,935 Total stockholders' equity, end-of-year 121,851 The return on total assets is:
A. 2.24% B. 4.67% C. 6.28% D. 2.81% E. 3.64%
A firm produces three products. Product A sells for $60; its variable costs are $20. Product B sells for $200; its variable costs are $120. Product C sells for $25; its variable costs are $10
Last year, the firm sold 1000 units of A, 2000 units of B, and 10,000 units of C. The firm has fixed costs of $320,000 per year. Calculate the break-even point of the firm.
Identify the statement below that is correct.
A. Debits decrease asset and expense accounts, and increase liability, equity, and revenue accounts. B. Credits increase asset and expense accounts, and decrease liability, equity, and revenue accounts. C. The left side of a T-account is the debit side. D. In certain circumstances the total amount debited need not equal the total amount credited for a particular transaction. E. The left side of a T-account is the credit side.