Question: Please do all 10 asap, Thank you Question 91 (1 point) Mega Computer issued stock with a face value of one cent and then sold





Please do all 10 asap, Thank you
Question 91 (1 point) Mega Computer issued stock with a face value of one cent and then sold the shares to the public for $20.00 each. Ted bought 10 shares at that price. Today, Ted sold his shares to Deirdre for $25.00 each. What is the par value of the stock? 1) $20.00 2) $25.00 3) $5.00 4) $0.01 Question 92 (1 point) Maggie's Antiques and Collectibles opened with $14 000 beginning inventory. Maggie purchased an additional $5500 in antiques and sold all but $7500. What is Maggie's cost of goods sold? 1) $27 000 2) $12 000 3) $19 500 4) $13 000 Question 93 (1 point) Which of the following statements best describes the difference between current and long-term liabilities? 1) Current liabilities are debts that need to be paid immediately, whereas long- term liabilities do not. 2) Current liabilities are those which will cost less in debt interest than long- term liabilities. 3) Current liabilities are debts that are settled sooner than long-term debts. 4) Current liabilities are debts on tangible assets, whereas long-term liabilities are debts on intangible assets. Question 94 (1 point) Naveen has received notice from a supplier that all invoices must be paid within 30 days rather than 60 days as previously granted. Which of the following will be impacted by this change? 1) Inventories 2) Raw materials inventory 3) Accounts receivable 4) Cash flow Question 95 (1 point) How is the return on equity ratio calculated? 1) Operation income divided by retained earnings 2) Net income divided by retained earnings 3) Net income divided by total owners' equity 4) Operating income divided by total owners' equity Question 96 (1 point) A balance sheet would not be able to help a manager answer which question? 1) Is it a good time to try to grow the business? 2) Can the company survive if a period of low revenues happens? 3) Does the company have an excessive number of employees? 4) Is the company able to take on more debt? Question 97 (1 point) Joan is finding that her current benefit package does not meet her needs as it appears to be a "one size fits all" approach. What would Joan likely recommend to her employer to improve her satisfaction with the benefit package? | 1) Impose a wage and salary freeze in order to expand the benefits offered 2) Use a cafeteria benefit plan and let the employee select the benefits within a set monetary limit 3) Lower commission rates for sales people in order to expand the benefits offered 4) Pay employees an additional amount in order to purchase their own external benefits plan Question 98 (1 point) According to the accounting equation, if assets equal $4000 and liabilities equal $1500, then owner's equity would equal 1) $5500. 2) $2500. 3) $3500. O4) $8000 Question 99 (1 point) Financial statements fall into three broad categories, which are 1) debits, credits, and loans. 2) income statements, balance sheets, and statements of cash flows. 3) assets, liabilities, and owners' equity. 4) cash, marketable securities, and goodwill. Question 100 (1 point) Ted, the human resources manager, is reviewing a batch of resumes that are in response to a job advertisement in a local paper. After selecting six candidates, the resumes are sent to the sales manager for selection of the candidates to be interviewed. Ted has what kind of authority? 1) Line authority 2) Expert authority 3) Staff authority 4) Direct authority Question 91 (1 point) Mega Computer issued stock with a face value of one cent and then sold the shares to the public for $20.00 each. Ted bought 10 shares at that price. Today, Ted sold his shares to Deirdre for $25.00 each. What is the par value of the stock? 1) $20.00 2) $25.00 3) $5.00 4) $0.01 Question 92 (1 point) Maggie's Antiques and Collectibles opened with $14 000 beginning inventory. Maggie purchased an additional $5500 in antiques and sold all but $7500. What is Maggie's cost of goods sold? 1) $27 000 2) $12 000 3) $19 500 4) $13 000 Question 93 (1 point) Which of the following statements best describes the difference between current and long-term liabilities? 1) Current liabilities are debts that need to be paid immediately, whereas long- term liabilities do not. 2) Current liabilities are those which will cost less in debt interest than long- term liabilities. 3) Current liabilities are debts that are settled sooner than long-term debts. 4) Current liabilities are debts on tangible assets, whereas long-term liabilities are debts on intangible assets. Question 94 (1 point) Naveen has received notice from a supplier that all invoices must be paid within 30 days rather than 60 days as previously granted. Which of the following will be impacted by this change? 1) Inventories 2) Raw materials inventory 3) Accounts receivable 4) Cash flow Question 95 (1 point) How is the return on equity ratio calculated? 1) Operation income divided by retained earnings 2) Net income divided by retained earnings 3) Net income divided by total owners' equity 4) Operating income divided by total owners' equity Question 96 (1 point) A balance sheet would not be able to help a manager answer which question? 1) Is it a good time to try to grow the business? 2) Can the company survive if a period of low revenues happens? 3) Does the company have an excessive number of employees? 4) Is the company able to take on more debt? Question 97 (1 point) Joan is finding that her current benefit package does not meet her needs as it appears to be a "one size fits all" approach. What would Joan likely recommend to her employer to improve her satisfaction with the benefit package? | 1) Impose a wage and salary freeze in order to expand the benefits offered 2) Use a cafeteria benefit plan and let the employee select the benefits within a set monetary limit 3) Lower commission rates for sales people in order to expand the benefits offered 4) Pay employees an additional amount in order to purchase their own external benefits plan Question 98 (1 point) According to the accounting equation, if assets equal $4000 and liabilities equal $1500, then owner's equity would equal 1) $5500. 2) $2500. 3) $3500. O4) $8000 Question 99 (1 point) Financial statements fall into three broad categories, which are 1) debits, credits, and loans. 2) income statements, balance sheets, and statements of cash flows. 3) assets, liabilities, and owners' equity. 4) cash, marketable securities, and goodwill. Question 100 (1 point) Ted, the human resources manager, is reviewing a batch of resumes that are in response to a job advertisement in a local paper. After selecting six candidates, the resumes are sent to the sales manager for selection of the candidates to be interviewed. Ted has what kind of authority? 1) Line authority 2) Expert authority 3) Staff authority 4) Direct authorityStep by Step Solution
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