Television offers advertisers the most extensive coverage and highest reach of any media

Indicate whether the statement is true or false


TRUE

Business

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On April 1, 2018, Morton Company invests $50,000 in Johnson Company stock. Johnson pays Morton a $2,000 dividend on November 30, 2018. Morton sells the Johnson stock on December 31, 2018 for $54,500. Assume the investment is categorized as a short-term equity investment and that Morton does not have significant influence over Johnson.

Requirements: 1. Journalize the transactions for Morton's investment in Johnson's stock. 2. What was the net effect of the investment on Morton's net income for the year ended December 31, 2018.

Business

People with high cultural intelligence are able to

A) learn foreign languages quickly. B) observe subtle cues about how to act in another culture. C) quickly pick up facts about a different culture. D) get through airport customs inspection without arousing suspicion.

Business

Services have six basic characteristics: intangibility, inseparability of production and consumption, perishability, client-based relationships, customer contact, and

A. labor-intensiveness. B. orientation toward value. C. homogeneity. D. heterogeneity. E. specialization.

Business

Which of the following is concerned with long-term planning of manufacturing activity?

A) sales and operations planning B) production activity control C) master planning D) master production scheduling E) MRP

Business