Ballpark has 61,000 shares of $16.00 par common stock outstanding. Ballpark announces a stock split of 4-for-1. What is the effect of the split?
A) par stays at $16.00; total shares increase to 15,250
B) par drops to $8.00; total shares stay at 61,000
C) par drops to $4.00; total shares increase to 244,000
D) par goes to $64.00; total shares increase to 244,000
C) par drops to $4.00; total shares increase to 244,000
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More than 95 percent of the collective bargaining agreements in force today have some provision for early neutral case evaluation
Indicate whether the statement is true or false
A ______ is a useful technique for looking at the advantages and disadvantages of a proposed change.
a. gap analysis b. force-field analysis c. systems assessment d. change analysis
Felix Time Company manufactures and sells watches for $40 each
Times Products Company has offered Felix Time $25 per watch for a one-time order of 5,000 watches. The total manufacturing cost per watch is $28 per unit and consists of variable costs of $20 per watch and fixed overhead costs of $8 per watch. Assume that Felix Time has excess capacity and that the special pricing order would not adversely affect regular sales. What is the change in operating income that would result from accepting the special sales order? A) increase of $25,000 B) decrease of $25,000 C) increase of $125,000 D) decrease of $125,000
The measurement principle, also called the cost principle:
A. Provides guidance on when a company must recognize revenue. B. Prescribes that a company report the details behind financial statements that would impact users' decisions. C. Prescribes that a company record the expenses it incurred to generate the revenue reported. D. Means that accounting information reflects a presumption that the business will continue operating instead of being closed or sold. E. Prescribes that accounting information is based on actual cost.