Fixit Corporation issued 12,000 shares of $10 par value common stock at its current market price of $19. How does this event affect total stockholders' equity?
A. It increases by $120,000.
B. It increases by $108,000.
C. It is unaffected.
D. It increases by $228,000.
Answer: D
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Just what type of training to offer employees ________.
a. is obvious b. is sometimes difficult to determine c. depends on the service-failure rate d. depends on where in the delivery system the employees are located
All of the following are the most important traits professional buyers find in their top salespeople EXCEPT:
A. willingness to find out the prices of the competition. B. willingness to go to bat for the buyer within the supplier's firm. C. preparation of sales calls. D. thoroughness and follow-through after the sale. E. knowledge of the firm's product line.
Jaxson McCormick opened McCormick's Repairs on March 1 of the current year. During March, the following transactions occurred and were recorded in the company's books:1. McCormick's invested $26,000 cash in the business in exchange for common stock. 2. McCormick's contributed $101,000 of equipment to the business. 3. The company paid $2100 cash to rent office space for the month of March. 4. The company received $17,000 cash for repair services provided during March. 5. The company paid $6300 for salaries for the month of March. 6. The company provided $3100 of services to customers on account. 7. The company paid cash of $600 for utilities for the month of March. 8. The company received $3200 cash in advance from a customer for repair services to be provided in April. 9. The
company paid Jackson $5100 cash as a dividend. Based on this information, net income for March would be: A. $14,400. B. $5400. C. $11,100. D. $8300. E. $14,500.
The entire plant needs a fresh coat of paint so you, as the operations manager, are charged with securing a painting contract to accomplish this. You locate four painting contractors and ask them for their performance on four criteria
Their responses, along with your minimum standards and the importance you place on each criterion, is shown in the table. Assign scores from 1 to 5 where 1 is terrible and 5 is excellent, for each contractor's performance on each criterion and determine who should be awarded the contract. Write a brief explanation for all the 1s and 5s you assign. Contractor Cost 20% Paint Time 25% Experience 20% References 20% Paint Quality 15% 1 $22,000 5 days 15 years Positive 20 year 2 $20,000 4 days 10 years Strongly positive Lifetime 3 $25,000 8 days 3 years Positive 25 year 4 $22,500 5 days 25 years Strongly positive 20 year Minimum Standard Less than $25,000 Less than 1 week 5 years in business No negative references out of three 15 year guarantee What will be an ideal response?