Dividends paid by a company are reported on which of the following financial statement(s)?
A. Statement of changes in stockholders' equity and statement of cash flows
B. Income statement
C. Statement of cash flows
D. Statement of changes in stockholders' equity
Answer: A
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______ signals let our conversational partner know that we are prepared to let him or her speak.
A. Turn requesting B. Turn denying C. Turn defying D. Turn yielding
How is the contribution margin calculated when utilizing variable costing?
A) Sales less variable cost of goods sold B) Sales less variable cost of goods sold, less variable selling and administrative expenses C) Sales less cost of goods sold D) Sales less variable cost of goods sold, less variable selling and administrative expenses, less fixed cost of goods sold, less fixed selling and administrative expenses
Shay owns an insurance agency that employs ten agents. The agents do all of the work prospecting new clients, identifying their insurance needs, selling them the appropriate policies, and providing ongoing service after the policies are issued. In terms of intensity, the operations of Shay’s agency would be categorized as ______.
a. organically intensive b. human-intensive c. people-intensive d. labor-intensive
Pepper Department store allocates its service department expenses to its various operating (sales) departments. The following data is available for its service departments:ExpenseBasis for allocation Amount RentSquare feet of floor space $24,000 AdvertisingAmount of dollar sales $30,000 AdministrativeNumber of employees $45,000 The following information is available for its three operating (sales) departments:Department Square Feet Dollar Sales Number of employees A 3,000 $280,000 6 B 3,400 $300,000 8 C 3,600 $420,000 10 Totals 10,000 $1,000,000 24 What is the total expense allocated to Department B?
A. $32,160. B. $29,375. C. $30,775. D. $30,500. E. $30,462.