The key to exercising influence is
A. To understand the political connections within the organization.
B. To build trust.
C. To make few mistakes.
D. To make friends with everyone.
E. To build a network of top-level people.
Answer: B
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For purposes of analysis, mixed costs are generally:
A) classified as fixed costs B) classified as variable costs C) classified as period costs D) separated into their variable and fixed cost components
Plant wide overhead rates provide a less accurate computation of factory overhead than departmental overhead rates
Indicate whether the statement is true or false
J. Ross and Sons Inc. has a target capital structure that calls for 40 percent debt, 10 percent preferred stock, and 50 percent common equity. Ross' common stock currently sells for $40 per share. The firm recently paid a dividend equal to $2 per share on its common stock, and investors expect the dividend to grow indefinitely at a constant rate of 10 percent per year. If it issues new common stock, the firm will incur flotation costs equal to 7 percent. What is the firm's cost of retained earnings?
A. 15.00% B. 15.91% C. 15.50% D. 14.54% E. 16.50%
According to the International Telecommunication Union, close to ____ billion people worldwide subscribe to telephone service.
A. 2 B. 3 C. 4 D. 5