A person cannot be both an employee and an agent for a party at the same time
Indicate whether the statement is true or false
False
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Identify and explain the key components of a merchandiser's net income.
What will be an ideal response?
Which of the following is/are not true concerning an employee stock options' time value element?
a. The time value element results from the possibility of increases in the market price of the stock during the exercise period. b. Time value is larger the longer the exercise period and the more volatile the market price of the stock. c. A stock option whose exercise price exceeds the current market price has economic value because of the possibility that the market price will exceed the exercise price on the exercise date. d. A stock option whose exercise price has zero intrinsic value has economic value because of the possibility that on the exercise date there would be positive intrinsic value. e. Stock options with exercise prices exceeding the current market price of the stock have a higher value, other things equal, than stock options with exercise prices less than the current market price of the stock.
Which of the following is often not a disadvantage of decentralization?
A) Decreased job satisfaction for lower-level managers. B) Lack of coordination and communication between segments. C) Lack of company focus as lower-level managers may make decisions that benefit their own particular segment. D) Higher training costs for lower-level managers.
Harold Company, a retailer, had cost of goods sold of $190,000 last year. The beginning inventory balance was $28,000 and the ending inventory balance was $22,000. The company's inventory turnover was closest to:
A) 7.6 times B) 6.79 times C) 3.8 times D) 8.64 times