Betty starts up a business selling party supplies from a retail store. This business is very
successful. She opens several other stores in the same city. She eventually has six similar stores
in her city.
She has a manager for each store who is paid a fixed annual salary. All her other
employees are paid on an hourly basis. She has never chosen any particular form of business
organization for this business. This business is most likely:
A) A franchise.
B) A corporation.
C) A joint venture.
D) A sole proprietorship.
E) A partnership.
D
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______________ refers to how a product is conceived, planned, and produced.
A. Product differentiation B. Level of quality C. Product positioning D. Product features E. Product design
Green Corporation has the following stock outstanding:4% cumulative preferred stock, $20 stated value$ 400,000Common stock, $12 par2,400,000During the current year, Green paid $100,000 in dividends. No dividends were paid in the two previous years.Required:a) Compute the total amount of dividends that was paid to each class of stock in the current year.b) Compute the amount of dividends per share for each class of stock
What will be an ideal response?
Match Point, Inc. has the following overhead standards:Variable overhead: 4 hours at $8 per hourFixed overhead: 4 hours at $10 per hourThe standards were based on a planned activity of 20,000 machine hours when 5,000 units were scheduled for production. Actual data follow.Variable overhead incurred: $167,750Fixed overhead incurred: $210,000Machine hours worked: 19,800Actual units produced: 5,100Match Point's fixed-overhead volume variance is:
A. $10,000 favorable. B. $4,000 unfavorable. C. $10,000 unfavorable. D. $4,000 favorable. E. None of the answers is correct.
In an ordinary annuity, payments are made at the end of each period
Indicate whether the statement is true or false