A company has a choice of whether to distribute dividends to common shareholders or to keep its profits in the company as retained earnings

Indicate whether the statement is true or false.


Answer: TRUE

Business

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If a report does not have a synopsis, the letter of transmittal can summarize the major findings, conclusions, and recommendations

Indicate whether the statement is true or false.

Business

Connie is a manager at a local golf course. Though Connie sticks to her budget, some patrons have complained that the golf carts are not worth the rental price because many are not in working condition. With which type of resource is Connie struggling?

a. human b. financial c. physical d. informational

Business

What role did the media play in the crisis involving rats at a New York City Taco Bell in 2007?

A) preventing a national crisis for the marketing department B) turning a potential disaster into a humorous story C) speeding up the manner in which the story spread D) alleviating health and safety fears among the public E) providing information regarding meal vouchers

Business

On March 1, Bartholomew Company purchased a new stamping machine with a list price of $85,000. The company paid cash for the machine; therefore, it was allowed a 5% discount. Other costs associated with the machine were: transportation costs, $2800; sales tax paid, $6120; installation costs, $1750; routine maintenance during the first month of operation, $2700. What is the cost of the machine?

A. $94,120 B. $91,420 C. $80,750 D. $89,670

Business