Acompany's december 31 work sheet for the current period appears below. based on the information provided, what is net income for the current period? unadjusted trial balance adjustments debit credit debit credit cash 975 prepaid insurance 3,600 150 supplies 180 70 equipment 10,320 accounts payable 1,140 unearned fees 4,500 375 common stock 9,180 dividends 1,650 fees earned 5,850 375 rent expense 1,500 300 salaries expense 2,100 315 utilities expense 345 insurance expense 150 supplies expense 70 depreciation expense—equipment 190 accumulated depreciation—equipment 190 salaries payable 315 accounts receivable 300 totals 20,670 20,670 1,400 1,400 a. $1,400. b. $1,855. c. $1,905. d. $2,060. e. $4,670.

Goals that are overly ambitious can discourage employees and decrease motivation, yet the idea of stretch goals is proposed as a way to get people fired up and motivated. as a manager, how might you decide where to draw the line between a “good” stretch goal and a “bad” one that is unrealistic?

Jennifer purchased a house in a brand new development in the outskirts of town. when her house was built, the nearest fire department was nearly 20 miles away. as her neighborhood developed, the density of the community called for a new fire department 1.5 miles away. what effect will the new fire station have on her homeowners insurance premium? a. a new fire department will be more demanding on local taxes. her annual premium will go up. b. the location of a fire department has no bearing on the value of her house. her annual premium will stay the same. c. the new fire department will reduce the risk of financial loss in her home. her annual premium should decrease. d. with a fire department so close (less than 5 miles), financial risk on jennifer’s home practically disappears. she will not need to pay insurance anymore.

Diamond motor car company produces some of the most luxurious and expensive cars in the world. typically, only a single dealership is authorized to sell its cars in certain major cities. in less populous areas, diamond authorizes a single dealer for an entire state or region. the manufacturer of diamond automobiles is using a(n) distribution strategy for its product.