In order to increase efficiency, business-to-business service providers have eliminated customer participation in service delivery.

Answer the following statement true (T) or false (F)


False

Business

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When a company declares a 3-for-1 stock split, the number of outstanding shares

a. is tripled compared to the number of shares that were outstanding prior to the split. b. stays the same, but, the number of issued shares triples. c. is tripled, while the number of issued shares is reduced to one-third of the original issued shares. d. is reduced, and the number of issued shares is tripled.

Business

The ______ skill set is an ability to understand what is going on in business processes. It involves the ability to “see the bigger picture” concerning how a department and the overall organization operates.

A. conceptual B. design C. technical D. knowledge

Business

Who might be included in a stakeholder analysis?

What will be an ideal response?

Business

Tweedle Corporation's most recent balance sheet and income statement appear below:Balance SheetDecember 31, Year 2 and Year 1(in thousands of dollars)AssetsYear 2Year 1Current assets:        Cash$140 $130   Accounts receivable, net 200  210   Inventory 150  180   Prepaid expenses 20  20 Total current assets 510  540 Plant and equipment, net 950  910 Total assets$ 1,460 $ 1,450        Liabilities and Stockholders' Equity      Current liabilities:        Accounts payable$130 $150   Accrued liabilities 70  70   Notes payable, short term 70  60 Total current liabilities 270  280 Bonds payable 170  190 Total liabilities 440  470 Stockholders' equity:        Common stock, $1 par value 200  200  

Additional paid-in capital 320  320   Retained earnings 500  460 Total stockholders' equity 1,020  980 Total liabilities & stockholders' equity$ 1,460 $ 1,450 Income StatementFor the Year Ended December 31, Year 2(in thousands of dollars)Sales (all on account)$1,190 Cost of goods sold 710 Gross margin 480 Selling and administrative expense 226 Net operating income 254 Interest expense 25 Net income before taxes 229 Income taxes (30%) 69 Net income$  160 The times interest earned ratio for Year 2 is closest to: A. 10.16 B. 14.51 C. 9.16 D. 6.40

Business