In determining the competitiveness of benefits, senior management tends to focus mainly on value, while employees are more interested in cost.

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


False

Business

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Seth and Rachel have original investments of $50,000 and $100,000 respectively in a partnership. The articles of partnership include the following provisions regarding the division of net income: interest on original investments at 15%; salary allowances of $24,000 and $20,000, respectively; and the remainder to be divided equally. How much of the net income of $90,000 is allocated to Seth?

a. $42,750 b. $47,750 c. $45,000 d. $43,250

Business

When a dividend is not declared on preferred stock, and the common shareholders cannot receive a dividend until all past and current dividends are paid to the preferred shareholders, the preferred stock is:

A. nonparticipating. B. participating. C. noncumulative. D. cumulative.

Business

Do you think it is a good idea for a leader to seek feedback from followers? Why or why not?

What will be an ideal response?

Business

Current assets divided by current liabilities is the:

A. Solvency ratio. B. Debt ratio. C. Quick ratio. D. Current ratio. E. Liquidity ratio.

Business