Answer the following statement(s) true (T) or false (F)
1. A strategic organizational behavior approach is closely related to human capital.
2. A strategic organizational behavior approach is based on the idea that goods are the key to productivity, competitive edge, and financial success.
3. Value, rareness, and importance are all part of human capital.
4. An example of human capital rareness is an employee who has a gift for dealing with customer complaints and can resolve dilemmas.
5. Organizational behavior has looked outside of the business school and uses concepts from many other behavioral sciences.
1. TRUE
2. FALSE
3. FALSE
4. TRUE
5. TRUE
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Brother-sister controlled groups can elect to file a consolidated tax return.
Answer the following statement true (T) or false (F)
Which form of entry into a foreign market requires the greatest commitment?
A. licensing B. direct investment C. direct exporting D. joint venture E. indirect exporting
Not taking advantage of cash discounts may have the same effect as paying a fairly large "interest charge."
Answer the following statement true (T) or false (F)
On January 1, 20X4, Plimsol Company acquired 100 percent of Shipping Corporation's voting shares, at underlying book value. Plimsol accounts for its investment in Shipping at cost. Shipping's retained earnings was $75,000 on the date of acquisition. On December 31, 20X4, the trial balance data for the two companies are as follows: Plimsol Co.Shipping Corp.ItemDebitCreditDebit Credit Current Assets$100,000 $75,000 Depreciable Assets (net) 200,000 150,000 Investment in Shipping Corp. 125,000 Other Expenses 60,000 45,000 Depreciation Expense 20,000 15,000 Dividends Declared 25,000 15,000 Current Liabilities $40,000 $25,000 Long-Term
Debt 75,000 50,000 Common Stock 100,000 50,000 Retained Earnings 150,000 75,000 Sales 150,000 100,000 Dividend Income, Shipping Corp. 15,000 $530,000 $530,000 $300,000 $300,000 Based on the information provided, what amount of net income will be reported in the consolidated financial statements prepared on December 31, 20X4? A. $100,000 B. $110,000 C. $125,000 D. $85,000