The key businesses of Kimberley and Price consist of a division that produces and sells breakfast cereals and another that manufactures gardening tools. Each of these businesses is called a ________
A) market segment
B) strategic business unit
C) question mark
D) prospect
E) product portfolio
B
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Your goal during the interview process should be
A) to get an offer. B) to find the right match for your goals and capabilities. C) to find the position that pays the most. D) to fill an available job opening. E) to look first to the largest companies for job openings, then consider smaller companies if those don't work out.
Laguna's Corporation sold investments for $102,000 cash that cost $90,000 . The journal entry to record the increase in cash flow is:
a. Cash 102,000 Investments 90,000 Gain on Sale of Investments 12,000 b. Cash 90,000 Loss on Sale of Investments 12,000 Investments 102,000 c. Investments 102,000 Cash 102,000 d. Cash 90,000 Investments 90,000
A corporation reports the following year-end stockholders' equity: Paid-in capital:? Preferred stock, 8%, 100,000 shares authorized, 50,000 shares issued …………………. $ 2,500,000 Common stock, $1 par, 5,000,000 shares authorized, 4,000,000 shares issued ………………..4,000,000 Paid-in capital in excess of par, Common …………..1,325,000 Total paid-in capital ………………………………..$ 7,825,000Retained earnings ……………………………………..10,675,000Total stockholders' equity …………………………….$18,500,000Determine the following:(1) Par value for the preferred stock.(2) Book value per share for common stock
What will be an ideal response?
Mitch is a director and officer of Numero Uno, Inc. Mitch makes a marketing decision that results in a dramatic decrease in profits for Numero Uno and its shareholders. The shareholders accuse Mitch of breaching his fiduciary duty to the corporation. What is Mitch's best defense against this accusation? Later, a resolution comes before the Numero Uno board to compete with One-of-a-Kind Corporation. Mitch is a director and shareholder of One-of-a-Kind. What is Mitch's responsibility in this situation?
What will be an ideal response?