Jake owns an old piece of exercise equipment. He has been using the equipment merely to hang his clothes on, so Jake decides to get rid of the thing. He takes the unused exercise machine to the landfill and throws it off the back of the truck. Maggie, a teenager, is at the landfill rummaging for useful items. Maggie sees the exercise equipment and decides it is just the thing to give her sister
for Christmas, so she decides to take it home. As she is loading it into the back of her pickup truck, Jake stops and tries to get it back. The landfill owner sees the commotion and decides he would like to have the equipment as well. Who has the best rights in the exercise equipment?
A) They are all joint owners.
B) Maggie.
C) Jake.
D) The landfill owner.
B
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When it comes to persuasive messages, the direct approach
A) is rarely used. B) is often preferable with an audience with whom you have a close relationship. C) is used only by top management. D) does not require inclusion of justifications or explanations. E) is used when you need to rely more on the strength of your message than your reputation.
Which of the following is a primary function of management?
A. communicating B. globalizing C. cooperating D. organizing E. influencing
Montana City Company began business on January 1, 2016 . The corporate charter authorized issuance of 500 shares of $1 par value common stock and 400 shares of $4 par value, 3% cumulative preferred stock. What is the maximum amount that can be reported on the balance sheet for Common Stock and Preferred Stock, respectively, if all of the stock is issued? Common Stock Preferred Stock
a. $500 $1,600 b. $5,000 $120 c. $500 $120 d. Not enough information provided.
Wave Fashions uses standard costs for its manufacturing division. The allocation base for overhead costs is direct labor hours. From the following data, calculate the total fixed overhead variance.
A) $13,000 U
B) $13,000 F
C) $13,500 U
D) $13,500 F