When stock is issued for noncash assets or services, the dollar amount to be recorded for this exchange is determined by the
a. treasurer of the corporation.
b. par value of the stock.
c. market value of the stock or the market value of the consideration received, whichever is greater.
d. market value of the stock or the market value of the consideration received when the market value of the stock cannot be determined.
D
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Employees (internal customers) are more mobile and job-changing is more commonplace than a generation ago
Indicate whether the statement is true or false
Consider a sample with the following data values. ? 62 90 50 94 74 ? Compute the Z scores for the above five observations.
What will be an ideal response?
Malloy Company, a manufacturer of small appliances, had the following activities, allocated costs, and allocation bases
Activities Allocated Costs Allocation Base Account inquiry (hours) $77,000 2,800 hours Account billing (lines) $31,000 15,000 lines Account verification (accounts) $14,000 29,000 accounts Correspondence (letters) $14,000 1,000 letters The above activities are carried out at two of its regional offices. Activities Northeast Office Midwest Office Account inquiry (hours) 100 hours 300 hours Account billing (lines) 16,000 lines 8,000 lines Account verification (accounts) 1,800 accounts 600 accounts Correspondence (letters) 50 letters 110 letters How much of the account inquiry cost will be assigned to the Midwest Office? (Round any intermediate calculations to two decimal places and your final answer to the nearest dollar.) A) $16,500 B) $77,000 C) $27,500 D) $8,250
With bureaucratic control, business units are treated as profit centers, and their managers are evaluated based on profit and loss.
Answer the following statement true (T) or false (F)