In general, how do most people feel about their jobs?
A. antipathy
B. satisfied
C. dissatisfied
D. indifferent
B. satisfied
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On January 1, 2015, Clark, Inc issued $400,000, 10-year, 10% bonds for $354,200 . The bonds pay interest on June 30 and December 31 . The market rate is 12%. What is the carrying value of the bonds at the end of the ten years?
a. $400,000 b. $480,000 c. $380,000 d. $354,200
Answer the following statements true (T) or false (F)
1. A company situation analysis is used to determine the strategic issues and problems that need to be addressed. 2. Goals are more general and broad than objectives. 3. Objectives state both end results and how they will be achieved. 4. According to a survey of CEOs, the biggest challenge facing leaders today is setting objectives.
Ending retained earnings are calculated as follows:
a. Beginning retained earnings minus net income plus dividends declared. b. Net income minus beginning retained earnings minus dividends. c. Beginning retained earnings plus net income minus dividends. d. Beginning retained earnings plus net loss minus dividends.
An effective inventory management system will ______.
A. produce reliable demand forecasts and estimates of lead times and inventory costs B. attempt to reprice items such that inventory of finished products is minimized C. use the push system in some seasons and pull system in other seasons to balance demand and supply D. help identify the right markets for its products