Top management executives constitute the vast majority of private-sector employees who hold stock options.

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


False

When stock options are mentioned, most people think only about stock options for executives and managerial personnel. Nonmanagerial personnel also widely hold stock options, however.

Business

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Wexford Co purchased a new delivery truck at the beginning of 2016 . The truck has a cost of $37,000, an estimated life of 5 years, and an estimated residual value of $7,000 . A full year's depreciation expense is to be recorded in 2016 . The truck was driven 20,000 miles during 2016 and 24,000 miles during 2017 . The number of expected miles over five years is 100,000. Refer to information about

Wexford Co Wexford Co wants to use the depreciation method that will result in the highest depreciation expense for 2016 . Which method should be used? a. straight-line b. units-of-production c. double-declining-balance d. all methods create the same income in 2016

Business

A listing agreement is

A) a contract between you and a local newspaper for publicity on the sale of your home. B) a contract between you and a real estate agent concerning the sale of your home. C) a contract between you and a potential buyer giving the signer first rights on the sale of your home. D) a contract between you and the buyer specifying that the title on the home is free of all defects.

Business

Resale price maintenance occurs when:

A) A retailer refuses to lower its price even though competitors have lowered their prices. B) A manufacturer sells its products only to those dealers who agree to charge a certain price. C) A wholesaler refuses to offer volume discounts to its high volume customers. D) A manufacturer sells its products to its dealers for the same price in all states even though the retail market is much more competitive in some states than in others. E) Competitors agree to sell their products for the same price.

Business

_____ is also called a corporate portal

a. The Internet c. An intranet b. An extranet d. The ARPANET

Business