Stage 3 of the industry life cycle is characterized by all of the following EXCEPT:

A) competition intensifies as more and more firms enter the industry.
B) there is little demand for the company's products and services.
C) revenues continue to grow, but at a slower pace.
D) firms become more efficient at maintaining costs.


B

Business

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The par value of common stock must always be equal to its market value on the date the stock is issued

a. True b. False Indicate whether the statement is true or false

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Net profit ratio equals operating income divided by net sales

Indicate whether the statement is true or false

Business

Marley Investments, Inc. purchased 45% of the common stock of Beige Corporation on January 1, 2019. Beige Corporation reports a net income of $720,000 for the 2019 year. Which of the following is the correct journal entry?

Business

Grievance procedures in a union contract are preferable to other methods of resolving workplace disputes because:

A. They give management greater control over disciplinary actions. B. They decrease uncertainly and increase stability because unions fear losing the grievance in arbitration. C. They decrease uncertainty and increase stability by employee adherence to negotiated rules. D. They encourage employers to be more lenient with employees.

Business