Masterson Company has 420,000 shares of $10 par value common stock outstanding. During the year Masterson declared a 10% stock dividend when the market price of the stock was $36 per share. Three months later Masterson declared $.60 per share cash dividend. As a result of the dividends declared during the year, retained earnings decreased by

Answer the following statement(s) true (T) or false (F)

1. When product developers are pressured to meet a wholesale price target, the choice to reduce materials costs may backfire and result in quality issues that affect sales at retail and damage brand image. 2. The only way a sourcing specialist may be sure that a factory is managed well and uses efficient practices is to conduct their own audits. 3. Cost of goods is the monetary value expended to produce a garment style. 4. The P&L allows comparison of the productivity of one season with another and one business with another business. 5. Variable costs stay the same no matter how many units are produced.

Which of the following is an advantage of telephone interviews?

A) They are less expensive to conduct than online questionnaires. B) Interviewer variability can be controlled. C) Response rates are increasing. D) Interviewers can provide feedback and have flexibility in follow-up questions. E) Interviewers' interpretation of responses is easily standardized.