Ronald, the purchasing manager of Tellys Supermarket in Georgia, was asked to purchase an order of the latest videogame console, FunCase, to keep in the supermarket
However, due to a truckers' strike, he had to make a trip to the FunCase warehouse, which was in Florida. Ronald paid for the trip himself, went to the warehouse, procured the shipment, and returned. After he got back, Tellys Supermarket paid Ronald for the trip he made to Florida. What duty of the principal did Tellys Supermarket perform here when they paid Ronald for the trip to Florida?
A) duty to cooperate
B) duty to reimburse
C) duty to compensate
D) duty to indemnify
B
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If Llama Company has paid out more in dividends than it has had in net income, over the lifetime of the company, then the balances in the Stockholders' Equity should show:
a. a debit balance in the Retained Earnings account. b. a credit balance in the Retained Earnings account. c. a debit balance in the Common Stock account. d. a credit balance in the Common Stock account.
Which two types of power can be obtained regardless of the official position within an organization?
What will be an ideal response?
Hathaway Inc produces and sells golf umbrellas to local resorts. Hathaway anticipates April to be a busy month with the sale of 2,000 umbrellas. The company has prepared the following static budget for April: Sales revenue (2,000 units) $60,000 Variable costs: Direct materials 6,000 Direct labor 8,000 Overhead 2,500 Fixed costs 6,000 Net operating income $37,500 During April, Hathaway actually
produced and sold 2,300 umbrellas. What should be Hathaway's net operating income in April based on a flexible budget? A) $44,025 B) $43,125 C) $37,500 D) $35,025
Communicating with and about others with the same kindness and fairness that you wish others to use when communicating with and about you is referred to as what?
a. An inductive approach to communication b. A deductive approach to communication c. The golden rule of communication d. Adapting to audience's needs and concerns