Smith & Sons, Inc., is authorized to issue one million shares of $1 par value common stock. The company actually sells 500,000 shares at $10 per share. Prepare the journal entry to record the issuance of the 500,000 shares.

Large expenses such as the purchase of a new mri machine or the building of a new office is known as:

Diversification ought to be considered when a A. D) company has run out of ways to achieve a distinctive competence in its present business. B. C) company begins to encounter diminishing growth prospects in its mainstay business. C.

A major pharmaceutical firm is developing a new medical drug for the market. Stockholders are pressing for an early release date, as the drug is expected to generate significant profits.

Shanice is a new project manager working with a preexisting team that has resisted many of the new policies she has put into place.

The Business Auto Coverage Form covers all of the following, except: a. Owned private passenger autos b. Mobile equipment registered to drive on public roads c. Automatic coverage for physical damage to trailers d.

The organizational-management process consists of seven steps: (1) doing research, (2) establishing the mission and vision, (3) assessing the current reality, (4) formulating the grand strategy, (4) implementing the strategy, (6) maintaining

City Bus Corporation provides school bus transportation to private and public schools in Lancaster County. City Bus owns 50 buses that are garaged in three different cities within the county.

FetchFun Inc. is currently an all-equity firm with 20 million shares outstanding and a stock price of $7.50 per share. FetchFun Inc. plans to announce that it will borrow $50 million and use the proceeds to repurchase shares. FetchFun Inc.

Which of the following is not one of the categories of which the CPI market basket consists? a. housing b. food c. education d. industry

Individuals are free to produce and sell whatever products they wish