Brian invested a lump sum of $10,000 in a mutual fund with an offer price of $6.03. How many shares did he purchase? (Round to the nearest thousandth)
A) 1,600.500
B) 1,658.375
C) 1,685.375
D) 6,300.000
B
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When the board of directors declares a cash or stock dividend, this action decreases retained earnings
a. True b. False Indicate whether the statement is true or false
A department should be discontinued if it has
a. a negative direct operating margin. b. consistent net sales. c. high direct operating expenses. d. a negative operating income.
How would property taxes paid on a factory building be classified in a manufacturing company?
A. Fixed, period cost. B. Variable, period cost. C. Variable, product cost. D. Fixed, product cost.
Hannah has been offered a retail management position and will now be negotiating for her salary. What advice would you give her?
A) Say that you currently earn more than you do to try to get a higher salary offer. B) Consider the entire compensation package when negotiating salary. C) Make the first salary offer to show the employer that you've done your research. D) Accept the first salary offer because it might be decreased if you try to negotiate.