An organization engaged in diversity management uses ______ to accept and capitalize upon the diversity of its own workforce.
a. mentoring programs
b. supervisory engagement
c. policies and programs
d. employee engagement
c. policies and programs
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A production capacity question that needs to be answered before a company goes global with operations is "How much additional production capacity will be needed at home and abroad?"
Answer the following statement true (T) or false (F)
Layer Corporation has provided the following information concerning a capital budgeting project: Investment required in equipment$160,000 Expected life of the project 4 Salvage value of equipment$0 Annual sales$360,000 Annual cash operating expenses$290,000 Working capital requirement$20,000 One-time renovation expense in year 3$20,000 The company's income tax rate is 30% and its after-tax discount rate is 8%. The working capital would be required immediately and would be released for use elsewhere at the end of the project. The company uses straight-line depreciation on all equipment. Assume cash flows occur at the end of the year except for the initial investments. The company takes income taxes into account in its capital budgeting. The total cash flow net of income
taxes in year 3 is: A. $61,000 B. $50,000 C. $41,000 D. $47,000
On December 1, 2019, Murphy, Inc. had 35,000 shares of $7 par value common stock issued and outstanding. The next day it declared a 50% stock dividend. The market value of the stock on that date was $15 per share. Which of the following is the correct journal entry to record this transaction?
A) debit Stock Dividends $525,000 and credit Cash $525,000 B) debit Stock Dividends $525,000, credit Common Stock $245,000, and credit Paid-In Capital in Excess of Par $280,000 C) debit Common Stock $122,500 and credit Cash $122,500 D) debit Stock Dividends $122,500 and credit Common Stock Dividend Distributable $122,500
Neils Company leased an asset for use in its factory. The lease agreement specifies that Neils is to make annual payments of $2,818 payable at the end of each year. The lessor classified the lease as a direct-financing lease since Neils was allowed to lease the asset at its cost of $14,000 (the present value of the lease payments). The lessor receives a 1 . percent rate of return on the lease
The estimated residual value at the end of the lease term is zero. If the lease was classified as a capital lease by Neils, how much annual depreciation would Neils record using the straight-line method? a. $1,400 b. $1,310 c. $1,750 d. $2,818