Seth owns 150 shares of stock with a basis of $1,800 at $12 per share. The stock splits three for one. How many shares does he now own, and what is his basis per share

Debt management ratios measure: how effectively a company is using its cash, how well a company is using debt versus equity position, a companys ability to earn profit, a companys ability to meet payable obligations

Why was stock bought on margin considered a risky investment? A: Investors purchased the stocks with little cash down; if the price dropped the investor had to repay the loan.

In February, Pedro, the manager of a pool supply and cleaning company, is looking at the upcoming need for more workers to handle the increased customers in spring and summer. Which of the four key management processes is he using? A.) Planning B.

A manager must decide whether a particular course of action is ethical. what is the first step the manager should take in reaching this decision?

Which of the following statements is true? 1. Food production is equally distributed around the world. 2. The world's food supply is too small to support its population. 3. Hybrid plants do not need fertilizers or pesticides. 4.

Jo has 100 hits in softball. 5 hits are home runs. What % of her hits are home runs?

Packer Co.'s year 5 income statement reported $130,000 in income before provisions for income taxes. To compute the provision for federal income taxes, the following year 5 data are provided: Rent received in advance $22,000 Income from exempt

What is accounting theory

Most companies receiving a claim message tend to a. ignore the first phone call, e-mail, or letter. b. respond only to letters containing complaints that could result in lawsuits or financial harm. c.

The demand curve of a monopolistically competitive firm A. is perfectly elastic. B. is horizontal because the firm must cut its price to sell more. C. is downwardminus-sloping because it sells an identical product. D.