On March 31, 2018, Water Front, Inc. shows the following data on its balance sheet:
Assume that Water Front sells 1500 shares of treasury stock at $33 per share. What is total stockholders' equity after this transaction?
A) $6,940,500
B) $7,039,500
C) $6,979,500
D) $7,000,500
B) $7,039,500
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) On January 1, 2018, Earnest Company purchased equipment and signed a six-year mortgage note for$80,000 at 15%. The note will be paid in equal annual installments of $21,139, beginning January 1, 2019. Calculate the portion of principal paid on the third installment
(Round any intermediate calculations to two decimal places, and your final answer to the nearest dollar.) A) $12,086 B) $12,000 C) $21,139 D) $9053
When top managers design an organization's structure and establish a chain of command, they are essentially creating self-managed work teams.
Answer the following statement true (T) or false (F)
If an individual sees through obstacle laden exterior of challenges, they are engaging in what type of thinking?
a. Desirable pattern of thinking b. Undesirable pattern of thinking c. Obstacle thinking d. Behavior thinking
Which of the following characterizes organizational buyer-seller relationships?
A. Purchases are often made after brief negotiations. B. Long-term contracts are often prevalent. C. Purchases are usually of small dollar values. D. Delivery schedules are largely irrelevant. E. Reciprocal arrangements are prohibited by the federal government.