________ ensure that money lent under a line of credit agreement is actually being used to finance seasonal needs
A) Operating-change restrictions
B) Annual cleanups
C) Compensating balances
D) Commitment fees
B
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Palmer Enterprises has a net marketing contribution of $60 million. Its general and administrative expenses and other operating expenses are $20 million and $15 million, respectively. Calculate its operating income
A) $95 million B) $75 million C) $45 million D) $40 million E) $25 million
In the Organizing Framework, inputs (in part) consist of
A. group/team outcomes. B. individual-level processes. C. situation characteristics. D. individual outcomes. E. organizational outcomes.
The following data for May has been provided by Mccawley Corporation. Denominator level of activity 2,600machine-hoursBudgeted fixed manufacturing overhead costs$53,820 Actual level of activity 2,700machine-hoursStandard machine-hours allowed for the actual output 2,800machine-hoursActual fixed manufacturing overhead costs$56,290 The budget variance for May is:
A. $2,470 U B. $2,070 F C. $2,470 F D. $2,070 U
Which of the following is an individual incentive?
A. Gainsharing plan B. Piece rate plan C. Share option D. Share ownership E. Employee stock ownership plan