Which of the following statements is true of a global information system (GIS)?
A) It incorporates technologies that are specific to a particular country.
B) It facilitates communication between headquarters and subsidiaries in other countries.
C) It differs from a typical information system as it excludes operations management.
D) It enables a company's subsidiaries to function with complete autonomy.
B
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In a SWOT analysis, potential external opportunities are helpful when they identify all significant trends along with how the organization can benefit from each, including new markets, additional customer groups, legal changes, innovative technologies, population changes, competitor issues, and so on.
Answer the following statement true (T) or false (F)
The price/earnings ratio shows the ________.
A) dividend yield of the company B) market price of $1 of earnings C) proportion of total assets financed by debt D) value that the stock market places on the dividends paid by the company
U.S. GAAP and IFRS provide criteria for distinguishing operating leases from capital leases. Which of the following is true?
a. Firms cannot currently apply the fair value option to capital leases. b. When the lessor enjoys the benefits and bears the risk, the lease is an operating lease. c. When the lessee enjoys the benefits and bears the risk, the lease is a capital lease. d. IFRS provides more general criteria for identifying the entity enjoying the rewards and incurring the risk. e. all of the above
Suppose a college football coach makes a base salary of $2,400,000 a year ($200,000 per month). Employers are required to withhold a 6.2% Social Security tax up to a maximum base amount and a 1.45% Medicare tax with no maximum. Assuming the Social Security maximum base amount is $128,400, how much will be withheld during the year for the coach's Social Security and Medicare taxes? (Round your answers to the nearest dollar amount.)
A. $42,761. B. $183,600. C. $34,800. D. None of the other answer choices are correct.