A decentralized business organization is one in which all major planning and operating decisions are made by top management
Indicate whether the statement is true or false
False
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?The dollar value of a company's stock rose from $20 to $21 during a year. If the stock paid a dividend of $3, the return on the stock was
A. ?20 percent B. ?1 percent C. ?3 percent D. ?14 percent
What is incremental innovation? Give an example of incremental innovation
What will be an ideal response?
One of the most successful publishing firms in college textbook history was started when Richard D. Irwin saw, while reading the U.S. Statistical Abstract, the rapid rise in college of business enrollments following World War II
This success was a result of Irwin recognizing: A) a failure to meet an objective B) a "symptom" as an opportunity C) a "symptom" of data analysis D) an environmental opportunity E) a "signal symptom"
A. Yorkshire Corporation has 9,000 shares of $10 par value common stock and 5,000 shares of $50 par value, 10 percent cumulative preferred stock outstanding. All shares were issued at par value. In addition, retained earnings total $90,000. If the preferred stock is callable at $54 per share, and one year's dividends are in arrears, compute book value per share of preferred stock
b. Assume the same facts as in a above. Calculate book value per share of common stock. c. Assume the same facts as in a above and that Yorkshire Corporation declares a 5-for-1 stock split on its common stock. After the split, total par value of common stock equals what amount? d. Assume the same facts as in a above and that Yorkshire Corporation declares a 12 percent stock dividend on its preferred stock. If the market value on the declaration date was $70 per share, for what amount will Preferred Stock Distributable be credited?