Name three measures of satisfaction as presented in the text.
What will be an ideal response?
Measures of satisfaction include employee attitudes, turnover, absenteeism, tardiness, and grievances.
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Many of the difficulties women face in navigating the labyrinth stem from ______.
A. male dominance behaviors B. the incongruity in gender roles and the leadership role C. a lack of education and experience D. women’s inability to be successful at upper-leadership roles
Which of the following statements is CORRECT?
A. In managing a firm's accounts receivable, it is possible to increase credit sales per day yet still keep accounts receivable fairly steady, provided the firm can shorten the length of its collection period (its DSO) sufficiently. B. Because of the costs of granting credit, it is not possible for credit sales to be more profitable than cash sales. C. Since receivables and payables both result from sales transactions, a firm with a high receivables-to-sales ratio must also have a high payables-to-sales ratio. D. Other things held constant, if a firm can shorten its DSO, this will lead to a higher current ratio. E. A firm that makes 90% of its sales on credit and 10% for cash is growing at a constant rate of 10% annually. Such a firm will be able to keep its accounts receivable at the current level, since the 10% cash sales can be used to finance the 10% growth rate.
Heart & Hands Clinic began business as a corporation in the current year. Several transactions which occurred early in the year are described below. Record each transaction in proper journal form, excluding written explanations.
A)Jan. 23Stockholders invested $70,000 in the business and received shares of common stock as evidence of ownership. B)Feb. 1Rent of $1,600 was paid for the month of February. C)Feb. 7Equipment with a cost of $3,000 was purchased on credit; payment is due in 30 days. D)Feb. 14Fees totaling $5,400 were billed to patients; $2,900 was collected immediately and the balance of $2,500 is due within 30 days. E)Feb. 18Full payment was made for the equipment purchased on Feb. 7th. F)Feb. 22$1,900 was collected from patients with balances due from Feb. 14th. G)Feb. 28Employee salaries of $3,300 were paid. What will be an ideal response?
In the context of the various strategies for investing in securities, a buy-and-hold approach works only if a person makes frequent trades.
TRUE OR FALSE