SOLUTIONS FOR MULTIPLE‑CHOICE QUESTIONS 6.24 a. Correct Risk is high when the company always estimates the inventory but never takes a complete physical count. b. Incorrect Risk is low when the petty cash box is always locked in the desk of the custodian. c. Incorrect Risk is low when management has published a company code of ethics and sends frequent communication newsletters about it. d. Incorrect Risk is low when the board of directors reviews and approves all investment transactions. 6.25
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Chapter 1 E1-4. The Role and Environment of Managerial Finance 11 Agency Costs Answer: Agency costs are the costs borne by stockholders to maintain a governance structure that ensures against dishonest acts of management‚ and gives managers the financial incentive to maximize share price. One example of agency costs is stock options‚ which are used to provide an incentive for managers to work diligently for the benefit of the firm. Tips are similar to stock options in that they
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Print Full Name Date Speech 100 section ___ Homework Four Chapter 16 Speaking to Persuade Page 322 review questions 1-10 After reading this chapter‚ you should be able to answer the following questions: 1. What is the difference between an informative speech and a persuasive speech? Why is speaking to persuade more challenging than speaking to inform? 2. What does it mean to say that audiences engage in a mental dialogue with the speaker as they listen to a speech? What implications
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Discovering Myself After I Thought I Already Had… When I was about twelve years old I began to really come into myself. That’s about the time I realized that my mom was my best friend‚ and someone I could approach with anything‚ instead of viewing her as just a parental figure whose only mission in life was to tell me what to do. Her and I bonded and talked about everything and anything; we had no boundaries. I know that if it weren’t for that turn of events‚ I would not be who I am right now. I’ve
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Homework Assignment – Chapter 1 1. Prepare an analysis of the automobile manufacturing industry using Porter’s five forces framework. For each component force provide support for your conclusion. In addition‚ at the completion of your analysis provide a conclusion‚ along with support‚ of whether you expect the automobile industry to report high or low profitability in the near future. 2. Tremble Company manufactures outdoors wear for women. During 2009‚ the company reported the following
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ACCT553 Week 2 Homework Kameka Donley _________________________________________________________ Please provide your answer to each question in the space provided below. When finished‚ submit to the DropBox. Chapter 4 1. Your brother is short on cash and cannot pay his rent this month. You pay his rent for him. Is this taxable income to your brother? Do you get a deduction? (2 pts) No‚ this is not taxable income for my brother… The first $13‚000 that my brother receives
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Global Edition Chapter 1: New Perspectives On Marketing in the Service Economy Slide © 2010 by Lovelock & Wirtz Services Marketing 7/e Chapter 1 – Page 1 Overview of Chapter 1 Why Study Services? What are Services? Marketing Challenges Posed by Services Extended Marketing Mix Required for Services Integration of Marketing with Other Management Functions Developing Effective Service Marketing Strategies Slide © 2010 by Lovelock & Wirtz Services Marketing 7/e Chapter 1 – Page
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| |1. |Internet advertising is growing at a rate of more than 30 percent a year. | | | |a.True b.False | | |2. |Information technology (IT) consists of all the hardware that a firm needs to use in order to achieve its business objectives‚ whereas | |
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BUSINESS FINANCE FIN3000 Professor: Liuling Liu General Information 1 Office: Room 206 Phone: 4193720267 E-mail: liulinl@bgsu.edu Office Hours: 2:00 to 2:30 MW or by appointment For each class‚ please try to… Be here and on time Take notes in class 1 Required materials Text: Brigham & Houston‚ Fundamentals of Financial Management‚ Concise 7th Edition‚ Southwestern Publishing Company‚ 2012. Other Readings: Wall Street Journal‚ Economist‚ Bloomberg
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Problem 6-36 1. Machine supplies: $102‚000 / 34‚000 DLH = $3/hr January: 23‚000 DLH x $3 = $69‚000 Depreciation: Fixed at $15‚000 2. Plant maintenance cost: | March | January | | (34‚000 hrs) | (23‚000hrs) | Total cost*Less: Machine Supplies DepreciationPlant maintenance | $ 586‚000(102‚000) (15‚000)$ 469‚000 | $ 454‚000(69‚000) (15‚000)$ 370‚000 | *Excludes supervisory labor cost Variable maintenance cost
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