Wei-Skillern labels small amounts of earned income that are not directly related to a nonprofit’s mission as ______.
A. integral
B. sustaining
C. disposable
D. supplemental
C. disposable
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On its December 31, 2017, balance sheet, Calgary Industries reports equipment of $370,000 and accumulated depreciation of $74,000. During 2018, the company plans to purchase additional equipment costing $80,000 and expects depreciation expense of $30,000. Additionally, it plans to dispose of equipment that originally cost $42,000 and had accumulated depreciation of $5,600. The balances for equipment and accumulated depreciation, respectively, on the December 31, 2018 budgeted balance sheet are:
A. $408,000; $98,400. B. $328,000; $74,000. C. $450,000; $104,000. D. $408,000; $104,000. E. $450,000; $98,400.
An operating characteristic (OC) curve describes:
A) how many defects per unit are permitted before rejection occurs. B) the sample size necessary to distinguish between good and bad lots. C) the most appropriate sampling plan for a given incoming product quality level. D) how well an acceptance sampling plan discriminates between good and bad lots. E) none of the above.
Which of the following illustrates movement along the demand curve?
A. As the price is raised, the quantity demanded increases, assuming all demand factors stay the same. B. As the price is lowered, the quantity demanded increases, assuming all demand factors stay the same. C. Prices remain the same, but there is a significant decrease in demand. D. Prices remain the same, but there is a significant increase in demand. E. Movement along the curve indicates that some significant event has taken place outside the organization that has affected demand.
XYZ Corporation has 400,000 shares of common stock outstanding, a P/E ratio of 8, and $500,000 available for common stockholders. The board of directors has just voted a 3-2 stock split
a. If you had 100 shares of stock before the split, how many shares will you have after the split? b. What was the total value of your investment in XYZ stock before the split? c. What should be the total value of your investment in XYZ stock after the split? d. In view of your answers to (b) and (c) above, why would a firm's management want to have a stock split?