Hunter recently purchased 1,000 shares of Forrest Corporation stock, but now receives additional 100 shares of Forrest stock, which represent a ratable distribution of additional shares by the corporation. Hunter's receipt of additional shares is a:

A) property dividend.
B) liquidated dividend.
C) convertible dividend.
D) stock dividend.


D

Business

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Indicate whether each of the following statements is true or false.An inventory purchases budget is prepared based on sales projections from the sales budget.The amount of budgeted purchases of inventory equals cost of goods sold plus the beginning inventory less ending inventory.The inventory purchases budget generally includes a schedule of cash payments for the period.The amount of cost of goods sold reported on the pro forma income statement comes from the inventory purchases budget.The inventory purchases budget indicates the amount expected for ending inventory, which is reported on the pro forma income statement.

What will be an ideal response?

Business

Based on the competing values framework, the ______ culture focuses on flexibility and discretion with an external emphasis. These organizations are fast moving and the quickest to adapt to changing markets.

A. hierarchy B. adhocracy C. market D. clan

Business

When firms give key stakeholders limited access to certain areas of their intranet, such as allowingsuppliers to check on the state of the firm's inventory to plan shipments of parts and materials, the firm is permitting the suppliers to do so through the use of _____.

A. cybermediaries B. expert systems C. firewalls D. extranets

Business

Supporters of the current system of Fed independence believe that a less autonomous Fed would

A) adopt a long-run bias toward policymaking. B) pursue overly expansionary monetary policies. C) be more likely to create a political business cycle. D) do only B and C of the above.

Business