Business value-added activities increase the value of a product without increasing production time

Indicate whether the statement is true or false


false

Business

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Southwest Airlines offers a Rapid Rewards program that allows customers to count flights they have taken toward free future flights. This is an example of a(n) ________

A) cross-selling program B) value delivery system C) club membership program D) activity-based costing program E) up-selling program

Business

Which of the following is most likely to be accounted for as a by-product?

a. Heating oil resulting from processing crude oil at a refinery. b. Cream resulting from processing raw milk at a dairy. c. Sawdust resulting from processing lumber at a lumber mill. d. Ground beef resulting from processing beef at a meat packer.

Business

A corporation has 10,000 shares of 20%, $60 par cumulative preferred stock outstanding and 32,000 shares of no-par common stock outstanding. Preferred dividends of $22,000 are in arrears. At the end of the current year, the corporation declares a dividend of $236,000. What is the dividend per share for preferred stock and for common stock? (Round your answer to the nearest cent.)

A) The dividend per share is $6.00 for preferred stock and $13.57 per share for common stock. B) The dividend per share is $23.60 for preferred stock and $0 per share for common stock. C) The dividend per share is $14.20 for preferred stock and $2.94 per share for common stock. D) The dividend per share is $23.60 for preferred stock and $2.94 per share for common stock.

Business

Answer the following statements true (T) or false (F)

The Journal of Accountancy was founded by the American Association of Public Accountants in 1905.

Business