Eliasen, Inc invests its excess cash in Creative Technologies, Inc and acquires 3,300 shares for $32
50 per share. Eliasen, Inc owns less than 2% of Creative's voting stock and plans to hold the stock for two years. Which of the following is the correct journal entry for the transaction?
A)
Long-term Investments-Held-to-Maturity 107,250
Cash 107,250
B)
Cash 107,250
Long-term Investments-Held-to-Maturity 107,250
C)
Cash 107,250
Long-term Investments-Available-for-Sale 107,250
D)
Long-term Investments-Available-for-Sale 107,250
Cash 107,250
D
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All of the following are areas of focus for managers to develop a good understanding of an organization's cost base, EXCEPT:
A. The make-up of their cost base B. The percentage of the cost base which lies within their control in the near term C. The sell pressures which will impact the cost base D. The market pressures which will impact the cost base going forward E. Understanding the volume and dollar requirements necessary to achieve breakeven
Briefly describe the four approaches used by organizations to deal with MPR crises
What will be an ideal response?