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NEW QUESTION: 1
MFC Corporation has 100,000 shares of stock outstanding. Below is part of MFC's Statement of Financial
Position for the last fiscal year.
What is the maximum amount MFC can pay in cash dividends per share and maintain a minimum current
ratio of 2 to 1? Assume that all accounts other than cash remain unchanged.
A. $3.35
B. $3.80
C. $2.05
D. $2.50
Answer: D
Explanation:
Choice "b" is correct. The current ratio is found by dividing current assets by current liabilities. Presently
current assets are:
Because current liabilities must be two times current liabilities, the current assets cannot go below
$ 1,800,000. Thus current assets can go down:
On a per share basis this is $250,000 / 100,000 shares or $2.50 per share. Choices "a", "c", and "d" are
incorrect, per the above calculation.
NEW QUESTION: 2
A stakeholder on a project has a reputation for being easily angered and unreasonably difficult on projects The project manager would like to minimize the impact of the stakeholder's behavior on the development team.
What training should the project manager choose for their team to help with this situation?
A. Agile training.
B. Communication training
C. Emotional intelligence training
D. Negotiation training
Answer: C
NEW QUESTION: 3
Employees in your organization create opportunities in Microsoft Dynamics CRM by using various currencies.
You need a report that uses the company's base currency to show the value of all open opportunities.
What should you do?
A. Export all open opportunities to Microsoft Excel, and add a formula that converts the value of each opportunity to the organization's base currency.
B. Create a report that displays the organization's base currency value for each opportunity.
C. Add a field to the opportunity entity to convert and store the base currency value for each one, and create a report to show the opportunities with the base value.
D. Create a report that converts the value of each open opportunity to the organization's base currency.
Answer: B
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