We record treasury stock at the cost of the shares acquired.

Answer the following statement true (T) or false (F)


True

Business

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The Nordstrom sales associate replacing shirts at no cost to the client is an example of ____________

a. centralized decision-making b. service theft c. employee empowerment d. service sabotage e. rule setting

Business

______ exists when a particular practice is necessary for the safe and efficient operation of the business, and there is a specific business purpose for applying a particular standard that may, in fact, be discriminatory.

A. BFOQ B. Job relatedness C. Necessary allowance D. Required exception E. Business necessity

Business

The Globe Fishery packs shrimp that weigh more than 1.91 ounces each in packages marked" large" and shrimp that weigh less than 0.47 ounces each into packages marked "small"; the remainder are packed in "medium" size packages. If a day's catch showed that 19.77 percent of the shrimp were large and 6.06 percent were small, determine the mean and the standard deviation for the shrimp weights. Assume that the shrimps' weights are normally distributed.

What will be an ideal response?

Business

The board of directors of Midwest Foods has declared a dividend of $3,500,000. The company has 300,000 shares of preferred stock that pay $2.85 per share and 2,500,000 shares of common stock. After finding the amount of dividends due the preferred shareholders, calculate the dividend per share of common stock.

A. $1.06 B. $1.57 C. $13.50 D. $4.50

Business