Risk capacity refers to the strength of your financial safety net
Indicate whether this statement is true or false.
Answer: TRUE
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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
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
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
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