Risk capacity refers to the strength of your financial safety net

Indicate whether this statement is true or false.


Answer: TRUE

Business

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Use the incomplete stockholders' equity section of Wilmerding Company's balance sheet as of December 31, 2016, to answer the following question. Common stock, $7 par, 100,000 shares authorized $ 700,000 Additional paid-in capital—common 160,000 Retained earnings ? Treasury stock (2,000 shares at cost) (16,000) Total stockholders' equity 974,000 What is the amount of Wilmerding's retained

earnings? a. $130,000 b. $98,000 c. $860,000 d. $114,000

Business

A corporate VMS has the advantage of controlling the entire distribution chain under ________

A) a profit-maximizing strategic plan B) single ownership C) mass distribution D) a limited number of intermediaries E) contractual agreements

Business

Clay Inc. has two divisions, Myrtle and Laurel. Following is the income statement for the previous year:  Myrtle Laurel TotalSales$560,000 $336,000  $896,000Variable Costs 176,000  174,000   350,000Contribution Margin 384,000  162,000   546,000Fixed Costs (allocated) 284,375  170,625   455,000Profit Margin$99,625 $(8,625) $91,000What would Clay's profit margin be if the Laurel division was dropped and all fixed costs are unavoidable?

A. $384,000 profit B. $99,625 profit C. $91,000 profit D. $71,000 loss

Business

Applying role congruity theory, which is true about women in leadership roles?

A. their stereotypical agentic leadership results in more promotion to leadership roles B. their stereotypical communal leadership results in prejudice against female leaders C. males’ stereotypical communal leadership results in prejudice against female leaders D. males’ stereotypical agentic leadership is inconsistent with female leadership promotion

Business