) Pandora Manufacturing purchased $95,000 of raw materials on account and $5,000 of raw materials for cash. The materials will be used to produce furniture.
Provide the journal entry for the purchase of materials. Omit explanation.
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Answer the following statements true (T) or false (F)
1. Information embedded in the service environment should be hidden from customers. 2. Customer-provided information is another source of information guests can utilize to enhance their experience. 3. One way successfully utilized information systems can help service organizations make the delivery of the guest experience’s more effective is by allowing organizations to customize their guest’s experiences. 4. Hospitality organizations should adopt the newest technologies as quickly as possible.
Which of the following is not true?
a. Firms issue common stock for assets other than cash, for example, to acquire another firm. b. Firms generally issue common shares, both at the time of initial incorporation and in subsequent years, for amounts greater than par (or stated) value. c. The firm records the shares exchanged for noncash assets at the fair value of the shares given or, if the firm cannot make a reasonable estimate, at the fair value of the assets received. d. Firms may issue capital stock (preferred or common) for cash or for noncash assets. e. Firms generally issue preferred shares, both at the time of initial incorporation and in subsequent years, for amounts greater than par (or stated) value.
_____ theory notes that if a company pays higher wages, it can generally hire better people who will in turn be more productive.
A. Tournament B. Signaling pay C. Efficiency wage D. Operational wage E. Equity
When using the graphical method, only one of the four quadrants of an xy-axis needs to be drawn
Indicate whether this statement is true or false.