Mia Zarky is paid a specific amount of money for work during a set calendar period, regardless of the actual number of hours worked. This money is called
A. a wage.
B. benefits.
C. a salary.
D. compensation.
E. a bonus.
Answer: C
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Flynn acquires 100 percent of the outstanding voting shares of Macek Company on January 1, 2018. To obtain these shares, Flynn pays $400 cash (in thousands) and issues 10,000 shares of $20 par value common stock on this date. Flynn's stock had a fair value of $36 per share on that date. Flynn also pays $15 (in thousands) to a local investment firm for arranging the acquisition. An additional $10 (in thousands) was paid by Flynn in stock issuance costs.The book values for both Flynn and Macek as of January 1, 2018 follow. The fair value of each of Flynn and Macek accounts is also included. In addition, Macek holds a fully amortized trademark that still retains a $40 (in thousands) value. The figures below are in thousands. Any related question also is in thousands. Flynn, Inc Macek
Company Book Value Fair ValueCash$900 $80 $80 Receivables 480 180 160 Inventory 660 260 300 Land 300 120 130 Buildings (net) 1,200 220 280 Equipment 360 100 75 Accounts payable 480 60 60 Long-term liabilities 1,140 340 300 Common stock 1,000 80 Additional paid-in capital 200 0 Retained earnings 1,080 480 ?What amount will be reported for consolidated additional paid-in capital? A. $375,000. B. $360,000. C. $350,000. D. $365,000. E. $345,000.
Marketers would be most likely to use a focus group in which stage of new product development?
A) idea generation B) problem recognition C) business analysis D) positioning strategy E) product adoption
Which of the following is true of Merton's model:
A. The strike price is the market value of the debt B. The strike price is the market value of the equity C. The strike price is the book value of the equity D. The strike price is the face value of the debt
Cloud computing in essence virtualizes the networking infrastructure such that the user of cloud services and resources does not need to be concerned with, or aware of, how the cloud is configured, maintained, or implemented
Indicate whether the statement is true or false