Which of the following would not be used as the basis for allocating expenses to departments?

a. sales; b. secretarial output; c. cost of goods sold;
d. net income; e. all of these would be used.


B

Business

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Suppose you earned a $275,000 bonus this year and invested it at 8.25% per year. How much could you withdraw at the end of each of the next 20 years?

A. $28,532 B. $29,959 C. $31,457 D. $33,030 E. $34,681

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Goodwill messages can be designed to build strong, lasting relationships among employees, clients, customers, and various other groups

Indicate whether the statement is true or false

Business

In general, interest on bonds, like dividends on preferred stock, may be deferred until a later date at

the discretion of management, making debt financing more appealing to corporate managers. Indicate whether the statement is true or false

Business

Diamond Electronics Inc. has a current price of $18.45 per share for its preferred shares that pay an annual dividend of $0.96. What is the current return on the firm's preferred shares?

A) 5.20% B) 19.22% C) 8.74% D) There is not enough information to answer this question.

Business