<span>Sam Walton was an American retail magnate. He founded retail chain Walmart Stores in 1962,</span><span>growing into the world's largest company by 2010.</span><span>
Sam Walton's strong emphasis on customer service at Walmart demonstrates the importance of values in being a great leader.</span>
Answer:
Additional Preferred Stock
Explanation:
Preferred Stock always provides a preferential right in terms of distribution of earnings. But in no manner it increases the common equity, or the number of participants in common equity.
Also, there is no voting right attached with the preference shares of a company.
As when new equity will be issued the number of shareholders will increase and also the share percentage held currently will fall.
Accordingly the voting right and voting control will fall.
As investor do not desire the above, the preference share capital shall be issued so that there is no decline in voting share or control of the investor.
Answer:
Dept. Y = $18,200
Dept. Z = $21,800
Explanation:
Wages expense for this question consist of direct wages and indirect wages. The direct wages are allocated to their respective departments while the indirect wages are apportioned between the two departments.
Therefore, first do the allocation then the remainder $24,000 is apportioned equally between the two departments, Dept. Y and Dept. Z.
Dept. Y Dept. Z
<u>Departmental wage expenses :</u>
Direct wages $6,200 $9,800
Indirect wages $12,000 $12,000
Total $18,200 $21,800
Answer:
d. None of the above
Explanation:
if the marginal propensity to consume = 0.80, the Keynesian's multiplier = 1 / (1 - MPC) = 1 / (1 - 0.8) = 1 / 0.2 = 5
that means that if Congress wants to decrease real GDP by $100 billion and the Keynesian's multiplier is 5, then it should raise taxes by $20 billion. This way -$20 billion (taxes take away money from the economy) x 5 = -$100 billion.
Answer:
1
Explanation:
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