Which of the following illustrates the correct expression of the alternate hypothesis that "customers of McDonald's consume more than the national average of 36 hamburgers each year"?
A. H0: µ ? 36
B. H0: µ > 36
C. HA: µ ? 36
D. HA: µ > 36
E. H0: µ = 36
Answer: D
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Portland Sound Cafe began business on January 1, 2015 . The corporate charter authorized issuance of 1,000 shares of no-par value common stock, of which 200 shares were issued, and 4,000 shares of $8 par value, 6% cumulative preferred stock, of which none were issued. Portland Sound sold 400 shares of common stock at $8 per share on May 1 . The entry to record the issuance of the shares on May 1
will: a. Increase Cash, $1,000? Increase Additional Paidin Capital—Common, $320? Increase Common Stock, $680 b. Increase Cash, $3,200? Increase Additional Paidin Capital—Common, $2,800? Increase Common Stock, $400 c. Increase Cash, $4,800; Increase Common Stock, $4,800 d. Increase Cash, $3,200; Increase Common Stock, $3,200
Benefits of functional orientation of conflict include which of the following?
A. willingness to listen to opposing views B. closedness to changing behaviors C. accepting differences in others D. they damage relationships
Which of the following would allow a company to monitor what stakeholders are saying about the company on social media sites?
A) Facebook "likes" B) Automated reputation analysis C) Twitter feeds D) Blog threads E) Stock prices
Under the perpetual inventory system, a physical count shows a $90.00 overage. How would the overage be entered into the journal and how would it be stated on the income statement?
a. Cost of Goods Sold would be debited $90.00 and Merchandise Inventory would be credited $90.00 with no effect of the overage being reported on the income statement. b. Inventory Short and Over would be debited $90.00 and Merchandise Inventory would be credited $90.00 and the overage would reported as an expense on the income statement. c. Merchandise Inventory would be debited $90.00 and Sales would be credited $90.00 with the revenue being reported on the income statement. d. Merchandise Inventory would be debited $90.00 and Inventory Short and Over would be credited $90.00 and the overage would be reported as other revenue on the income statement. e. Cash would be debited $90.00 and Accounts Receivable would be credited $90.00 and the overage would be reported as an expense on the income statement.