What kind of an innovation occurs when a beauty salon adds a tanning booth to its service offerings?
What will be an ideal response?
Service line extension.
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Which of the following types of corporations sells shares to people who often have little interest in it except as investors?
A. Nonprofit corporations B. Closely held corporations C. Municipal corporations D. Publicly held corporations
Which of the following is NOT a question you should ask yourself when analyzing the occasion?
a. Is the audience here voluntarily? b. What kind of speech is the audience expecting? c. What type of room will the speech be in? d. How should the audience be entertained?
On December 31 . 2013 and 2014, Tomlin Corporation had 100,000 shares of common stock and 50,000 shares of noncumulative and nonconvertible preferred stock issued and outstanding. Additional information: Stockholders' equity at 12/31/2014 .................... $4,500,000 Net income year ended 12/31/2014 ...................... 1,200,000 Dividends on preferred stock year ended 12/31/2014
300,000 Market price per share of common stock at 12/31/2014 .. 144 The price-earnings ratio on common stock at December 31 . 2014, was a. 10 to 1. b. 12 to 1. c. 14 to 1. d. 16 to 1.
Cash payments journals are used to record all issuance of cash
Indicate whether the statement is true or false