While Rogue Corporation has been in business for over 50 years, newly developed products
pushed the firm's year-over-year growth rate to 35% during the latest three years.
The firm is
proud of its history of paying dividends, but the vigorous recent growth of the firm has left it cash
challenged. Which of the following policies/procedures would you consider best under the
circumstances?
A) Look seriously for a merger partner.
B) Borrow long-term to pay the current dividend.
C) Substitute a stock dividend for the current cash dividend.
D) Enter into a long-term stock repurchase program.
C
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Which of the following research and development related costs should be capitalized and depreciated over current and future periods?
a. Research and development general laboratory building which can be put to alternative uses in the future b. Inventory used for a specific research project c. Administrative salaries allocated to research and development d. Research findings purchased from another company to aid a particular research project currently in process
Your colleague is preparing a formal report on how the Millennial generation uses Internet search engines. This is his first formal report, and he asks you what the purpose of the body section should be.
What should you tell your colleague? The purpose of the body is to provide materials that are relevant to only some readers. The purpose of the body is to make suggestions for solving the report problem. The purpose of the body is to show the evidence that justifies your conclusions.