Phoenix decorating company is responsible for designing and building many of the floral floats seen in the tournament of roses parade every new year's day. phoenix's designers start preparing the floats for the next year's parade soon after the first of the year. for each corporate sponsor, phoenix gets their best advertising team members, and they sit in a room for several hours throwing out every idea they can come up with, no matter how good or bad it is. after a substantial list has been created, they then go through every idea and rate its merits or deficits, until they come up with the best idea to pitch to the corporate sponsor. this process demonstrates

Which of the following is generally true about high-context cultures? a. employees work shorter hours in such cultures because context allows them to communicate less often b. people rely less on verbal communication and more on the context of nonverbal actions and environmental setting to convey meaning c. people rely more on verbal communication and less on the context of nonverbal actions and environmental setting to convey meaning d. the rules of everyday life are explicitly taught to all people within the culture

Torino company has 1,300 shares of $50 par value, 6.0% cumulative and nonparticipating preferred stock and 13,000 shares of $10 par value common stock outstanding. the company paid total cash dividends of $3,500 in its first year of operation. the cash dividend that must be paid to preferred stockholders in the second year before any dividend is paid to common stockholders is:

Kiona co. set up a petty cash fund for payments of small amounts. the following transactions involving the petty cash fund occurred in may (the last month of the company's fiscal year). may 1 prepared a company check for $350 to establish the petty cash fund. 15 prepared a company check to replenish the fund for the following expenditures made since may 1. a. paid $109.20 for janitorial services. b. paid $89.15 for miscellaneous expenses. c. paid postage expenses of $60.90. d. paid $80.01 to the county gazette (the local newspaper) for an advertisement. e. counted $26.84 remaining in the petty cashbox. 16 prepared a company check for $200 to increase the fund to $550. 31 the petty cashier reports that $380.27 cash remains in the fund. a company check is drawn to replenish the fund for the following expenditures made since may 15. f. paid postage expenses of $59.10. g. reimbursed the office manager for business mileage, $47.05. h. paid $48.58 to deliver merchandise to a customer, terms fob destination. 31 the company decides that the may 16 increase in the fund was too large. it reduces the fund by $50, leaving a total of $500.