In a perpetual inventory system, the Merchandise Inventory account must be closed at the end of the accounting period.
Answer the following statement true (T) or false (F)
False
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The use of an international product structure
A. often has a group of managerial specialists in an international division, who have authority over the product divisions. B. has domestic product divisions responsible for the worldwide operations such as marketing and production of products under their control. C. helps to avoid duplication of area experts. D. represents a sharp move away from pre-export department times. E. often suffers from a duplication of product experts.
A ______ is a discussion in which a number of individuals present individual speeches of approximately the same length on a central subject before an audience.
Fill in the blank(s) with the appropriate word(s).
The supervisor should ask what kind of questions of the employee during the performance evaluation discussion?
a. Tough b. Direct c. Open-ended d. Closed-ended
Selected financial information for the Baltimore & Ohio Railroad Corporation (B&O) is provided in the table below
B&O is currently all equity financed, but it is considering a leveraged capital structure, details of which are presented in the column labeled 'Proposed'. Under the proposed capital structure, B&O will use all of the new debt to repurchase (and cancel) shares. How many shares will be left outstanding after the repurchase, if B&O buys shares for $30.00 per share? Capital Structure Capital Structure Current Proposed EBIT $150,000 $150,000 Debt, D 0 $1,500,000 Cost of Debt, N/A 3% Shares Outstanding 100,000 - Stock Price $30.00 $30.00 A) 50,000 B) 100,000 C) 75,000 D) 25,000 E) 33,000