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

Business

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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.

Business

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

Business

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

Business

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

Business