Which of the following statements is CORRECT?
A. A good goal for a firm's management is maximization of expected EPS.
B. Most business in the U.S. is conducted by corporations, and corporations' popularity results primarily from their favorable tax treatment.
C. Because most stock ownership is concentrated in the hands of a relatively small segment of society, firms' actions to maximize their stock prices have little benefit to society.
D. Corporations and partnerships have an advantage over proprietorships because a sole proprietor is exposed to unlimited liability, but the liability of all investors in the other types of businesses is more limited.
E. The potential exists for agency conflicts between stockholders and managers.
Answer: E
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Use this information pertaining to the Alvino Corporation to answer the following question. 1 . The corporation's Store Supplies account showed a beginning debit balance of $200 and supplies purchased of $800 . There were $300 of supplies on hand at year end. 2 . Depreciation on a building is estimated to be $5,000. 3 . A one-year insurance policy was purchased for $2,000 . Three months have
passed since the purchase. 4 . Accrued interest on a note receivable amounted to $100. 5 . The company received a $3,600 advance payment during the year on services to be performed. By the end of the year, one-fourth of the services had been performed. The adjusting entry to record the amount of service revenue earned during the accounting period is a. Service Revenue 2,700 Unearned Revenue 2,700 b. Unearned Revenue 2,700 Service Revenue 2,700 c. Service Revenue 900 Unearned Revenue 900 d. Unearned Revenue $ 900 Service Revenue $ 900
By identifying aspects of our endeavors that we naturally enjoy and trying to increase these as much as reasonably possible is:
a. building more naturally enjoyable features into our life’s activities b. intentionally focusing our thoughts on the naturally rewarding aspects of activities and self-goal setting c. intentionally focusing our thoughts on the naturally rewarding aspects of our activities d. intentionally focusing our thoughts on the naturally rewarding aspects of our activities and building more naturally enjoyable features into our life’s activities
Branded Coca-Cola cups have been prominently featured on episodes of American Idol. This is an example of ________
A) advertising B) sponsorship C) viral marketing D) sales promotion E) product placement
What should you include and what should you not include in the identification section of a résumé?