Answers

NT

Answered

Klingon Corporation has only one class of shares,its common shares.Klingon has assets of $200,000 and liabilities of $160,000.It has $40,000 of excess liquidity that it does not need to pay its currently maturing obligations.What is the maximum property dividend that Klingon may pay to its common shareholders?

A) $60,000
B) $10,000
C) $40,000
D) $30,000

On Jul 12, 2024


C
NT

Answered

A mixed cost contains both variable and fixed cost elements.

On Jul 09, 2024


True
NT

Answered

Clearwater Hampers is a small British company that sells luxury food and drink in various combinations in picnic hampers. Food and wine are seen as classic, fail-safe gifts in a market where gift-giving is increasingly tricky. Corporate customers, both in the United Kingdom and abroad, are important to the business. The firm's products are also available in a number of retail establishments around the world. The leading salesperson for Clearwater Hampers is Peter Austin who has been with the company since it began operation in 1979. The firm's owners were originally trout farmers who needed a source of income during the winter months and who diversified into selling fine liquors, cheeses, chocolates, and other luxury food items. The company uses a variety of promotions to make prospects aware of the company's products. A New York-based retailer purchases picnic hampers for $75,000 on November 1 and is given a cash discount of 3/10 net 30. If the invoice is paid on November 6, the retailer will:

A) pay $75,000.
B) receive a trade discount of $2,250.
C) receive a quantity discount of $1,500.
D) receive a cash discount of $2,250.
E) pay $75,000 plus a penalty charge of $2,250.

On Jun 11, 2024


D
NT

Answered

Organizational behavior research indicates that transformational leaders produce _____ followers, whereas charismatic leaders produce ______ followers.

A) unskilled, skilled
B) directive, participative
C) empowered, dependent
D) real, fictitious
E) servant, command-and-control

On Jun 08, 2024


C
NT

Answered

Offering foreign language courses to employees in a multicultural organization is an example of _____.

A) ethnocentric training
B) vicarious learning
C) knowledge management
D) diversity training

On May 12, 2024


D
NT

Answered

ROI and residual income are tools used to evaluate managerial performance in investment centers.

On May 09, 2024


True