Discuss the characteristics of a personal service corporation (PSC)
PSCs are regular corporations with the characteristics of centralized management, free transferability of interests, continuity of life, and limited liability. However, the principal activity of a PSC is the performance of personal services. These services are from the owner-employee(s) who own more than 95% of the corporation's stock. Taxable income of a PSC is subject to a flat tax rate of 35%.
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Which of the following is part of the second stage in the process of moving from powerlessness to empowerment?
A) Feedback B) Job enrichment C) Feelings leading to powerlessness D) Reinforcement
Arrivals or inputs to a waiting-line system have characteristics that include:
A) population size. B) population behavior. C) population's statistical distribution. D) A and C E) A, B, and C
American workers of U.S. firms employed in foreign countries are covered under the Age Discrimination in Employment Act
Indicate whether the statement is true or false
Drew Cane Products, Inc., processes sugar cane in batches. The company buys a batch of sugar cane from farmers for $90 which is then crushed in the company's plant at a cost of $11. Two intermediate products, cane fiber and cane juice, emerge from the crushing process. The cane fiber can be sold as is for $21 or processed further for $13 to make the end product industrial fiber that is sold for $45. The cane juice can be sold as is for $41 or processed further for $29 to make the end product molasses that is sold for $103. What is the financial advantage (disadvantage) for the company from processing one batch of sugar cane into the end products industrial fiber and molasses rather than not processing that batch at all?
A. ($39) B. $5 C. ($143) D. $44