A company's financial records at the end of the year included the following amounts:Cash$70,000Accounts Receivable28,000Supplies4,000Accounts Payable10,000Notes Payable5,000Retained Earnings, beginning of year17,000Common Stock40,000Service Revenue53,000Wages Expense8,000Advertising Expense5,000Rent Expense10,000What is the amount of net income on the income statement for the year?
A. $88,000
B. $30,000
C. $47,000
D. $38,000
Answer: B
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Arnold has made romantic advances toward Kelly, his employee, for the past three months. Kelly is not interested in Arnold and has told him so, but Arnold continues to make suggestive comments and tries to show Kelly inappropriate selfies of himself. Arnold has suggested over and again that if Kelly will not go out with him, he could be out of a job. While Kelly is certainly a victim of sexual harassment, he is also being victimized by Arnold’s use of which type of power?
A. legitimate B. referent C. coercive D. expert
If a company shifts its cost structure by decreasing fixed costs and increasing variable costs, it will lower both the level of risk and its potential for profits.
Answer the following statement true (T) or false (F)
Which of the following is NOT a characteristic of the inbound supply chain for many projects?
a. It is short. b. It is complex. c. It has many tiers of suppliers. d. It is long.
In point estimation
A. data from the population is used to estimate the population parameter. B. data from the sample is used to estimate the population parameter. C. data from the sample is used to estimate the sample statistic. D. the mean of the population equals the mean of the sample.