Sam Cooper bought 200 shares of MTV stock at $54 . He sold the stock at $52 . Commission charges were $0.20 per share. Compute the dollar amount of gain or loss
$480 (loss)
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Peach Tree Farm Peach Tree Farm received a promissory note from a customer on March 1, 2012. The principal amount of the note is $20,000; the terms are 3 months and 9% annual interest. Refer to the information for Peach Tree Farm. At the maturity date, the customer pays the amount due for the note and interest. What entry is required on the books of Peach Tree Farm on the maturity date assuming
that none of the interest had already been recognized? A) Decrease cash and notes receivable by $20,000 B) Increase cash by $20,450, increase interest revenue by $450, and decrease notes receivable by $20,000 C) Increase cash by $20,450, increase notes receivable by $20,000, and increase interest revenue by $450 D) No entry is required; the customer pays the amount due to Peach Tree Farm.
According to Jay Conger, which of the following is a guideline on how managers can empower employees in an organization?
A. Managers should set low performance expectations. B. Managers should exclude employees from decision-making processes. C. Managers should reinstate bureaucratic constraints in the organization. D. Managers should encourage employees to take responsibility for goals.
Historically, the average time to service a customer complaint has been 3 days and the standard deviation has been 0.50 day. Management would like to specify the control limits for an chart with a sample size of 10 and 3- sigma limits
The UCL for the chart would be: A) less than or equal to 3.30. B) greater than 3.30 but less than or equal to 3.40. C) greater than 3.40 but less than or equal to 3.50. D) greater than 3.50.
Companies that incorporate ethics and social responsibility into their strategic plans are likely to experience
A. improved marketing performance. B. increased lawsuits. C. negative publicity. D. reduced costs. E. disappointed shareholders.