A multinational corporation typically receives more than ______ percent of its total sales revenues from operations outside the parent’s home country.
A. 5
B. 15
C. 25
D. 45
E. 75
Answer: C
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Which of the following statements is true of members of society as stakeholders of an organization?
A) Members of society are external stakeholders, and are therefore not affected by corporate activities. B) Collaboration between members of civil society, the private sector, and the public sector can lead to intractable and complex global problems. C) Members of society have become powerful catalysts and can use modern communication technology to form protest alliances. D) Members of society do not have the power to force businesses to contribute to change.
Answer the following statements true (T) or false (F)
1. If managers regularly communicate with employees about the incentive pay plan, the organization's plan is more likely to meet its goals. 2. One of the keys to a successful incentive-pay plan is its uniformity. 3. A transfer can be used to retain an employee's interest and motivation by presenting a new challenge. 4. An employee cannot be dismissed permanently "for cause" for absenteeism.
Australia Company manufactures sonars for fishing boats
Model 70 sells for $260. Australia produces and sells 5,600 of them per year. Cost data are as follows: Variable manufacturing $110 per unit Variable selling and administrative $15 per unit Fixed manufacturing $280,000 per year Fixed selling and administrative $160,000 per year A potential deal has come up for a one-time sale of 32 units at a special price of $115 per unit. The marketing manager states that the sale will not negatively impact the company's regular sales activities and will require the normal variable manufacturing costs and selling and administrative costs. The production manager states that there is plenty of excess capacity and the deal will not impact fixed costs. The controller points out, however, that because the expected increase in revenues are equal to the expected increase in costs to fill the order, the deal will not have any impact on the bottom line. The controller is correct in his statement. Indicate whether the statement is true or false
Vinall Corporation makes one product and has provided the following information to help prepare the master budget for the next four months of operations:?Budgeted selling price per unit$85?Budgeted unit sales (all on credit):?? July9,400? August11,700? September10,300? October11,200?Raw materials requirement per unit of output2 pounds?Raw materials cost$2.00 per pound?Direct labor requirement per unit of output2.1 direct labor-hours?Direct labor wage rate$25.00 per direct labor-hourCredit sales are collected: 30% in the month of the sale 70% in the following monthRaw materials purchases are paid: 20% in the month of purchase 80% in the following monthThe ending finished goods inventory should equal 20% of the following month's sales. The ending raw
materials inventory should equal 20% of the following month's raw materials production needs.Required: a. What are the budgeted sales for August?b. What are the expected cash collections for August?c. According to the production budget, how many units should be produced in August?d. If 20,960 pounds of raw materials are needed for production in September, how many pounds of raw materials should be purchased in August?e. What is the estimated cost of raw materials purchases for August?f. If the cost of raw material purchases in July is $40,688, then in August what are the total estimated cash disbursements for raw materials purchases?g. What is the total estimated direct labor cost for August assuming the direct labor workforce is adjusted to match the hours required to produce the forecasted number of units produced? What will be an ideal response?