One of the most critical external publics is the ________, which determine what a person will read in newspapers or online, or see on TV, and how this news will be presented.
A. investor
B. media
C. customer
D. supplier
E. government
Answer: B
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______ are monetary damages awarded by the court that are designed to punish an injuring party that has intentionally inflicted harm on others.
A. Undue hardship B. Affirmative actions C. Reasonable damages D. Punitive damages
The amount borrowed initially and the market value of a note or bond at any date subsequent to the initial borrowing equals
a. the sum of the future cash flows. b. the present value of the future, or remaining, cash flows discounted at an appropriate interest rate. c. the future cash flows discounted at the initial market interest rate. d. the future cash flows discounted at the subsequent market interest rate. e. the future value of present cash flows discounted at an appropriate interest rate.
Ethel's Exercise World plans to order three weight machines from Pete's Push, Pedal and Pull, Inc for a total of $15,000 . Pete's demands that Ethel's friend, Moneybags, a wealthy independent businesswoman (not connected with Ethel's business in any way) promise to pay Pete's for the three machines if Ethel's Exercise World does not. Which of the promises in this problem must be in writing to be
enforceable? a. The promise made by Ethel's Exercise World to buy the weight machines. b. Moneybag's promise to pay if Ethel's Exercise World doesn't. c. Both Moneybag's promise and Ethel's Exercise World's promise. d. None of the promises in this problem need to be in writing.
West Company declared a $0.50 per share cash dividend. The company has 190,000 shares issued, and 10,000 shares in treasury stock. The journal entry to record the payment of the dividend is:
A. Debit Retained Earnings $5,000; credit Common Dividends Payable $5,000. B. Debit Common Dividends Payable $90,000; credit Cash $90,000. C. Debit Retained Earnings $90,000; credit Common Dividends Payable $90,000. D. Debit Retained Earnings $95,000; credit Common Dividends Payable $95,000. E. Debit Common Dividends Payable $95,000; credit Cash $95,000.