The market share of Galaxy Industries' main product increased by 16 percentage points last year. If the share changed from 40 to 56 percent of the total market, what was the actual percent change in the market share?
A) 40% increase
B) 40% decrease
C) 60% increase
D) 60% decrease
A
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Gregory Company is disposing of a component of its company. The net loss from the sale is estimated to be $600,000. Included in the $600,000 is termination pay of $100,000, which is directly associated with the decision to dispose of the component; and net losses from component asset write-downs of $400,000. Ignoring taxes, Gregory's income statement should report a loss on sale of a business
component of A) $100,000 B) $400,000 C) $500,000 D) $600,000
A well-designed purchase order is an example of a
a. preventive control b. detective control c. corrective control d. none of the above
Answer the following statements true (T) or false (F)
1. Research indicates that the communication of complex detailed information is improved dramatically by using face-to-face rather than written channel. 2. Persuasion is an effort to coerce, fool, seduce, or manipulate the receiver. 3. With regard to technology, a manager’s most important decision is whether to use technological media for communicating a message. 4. Managerial decision-making is defined as the process of identifying old and developing new problems.
Translation exposure or risk occurs because the currency in which business is conducted may lose or gain value in terms of the company's home currency when financial statements are consolidated.
Answer the following statement true (T) or false (F)