Chapter four is introduced with a touching story about Rosalie Polotsky‚ a woman who was separated from her cousins in 1937. In 2007‚ Rosalie’s nephew typed “Polotsky” into Google and the family was able to reunite. The authors follow the story up with a comparison between the Web “in the beginning‚” and how the internet is now. Back then‚ the authors write‚ “the Web was a library.” Now‚ because of the inexpensive cost to create a website and the lack of structure‚ content is constantly changing
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CHAPTER 3 TUTORIAL SOLUTIONS 21. Assuming costs vary with sales and a 20 percent increase in sales‚ the pro forma income statement will look like this: MOOSE TOURS INC. Pro Forma Income Statement Sales $ 1‚114‚800 Costs 867‚600 Other expenses 22‚800 EBIT $ 224‚400 Interest 14‚000 Taxable income $ 210‚400 Taxes(35%) 73‚640 Net income $ 136‚760 The payout ratio is constant‚ so the dividends
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Fundamental Concepts of Managerial Economics * Opportunity Costs‚ Incremental Principle‚ Time perspective‚ Discounting and Equi-Marginal principles. * Theory of the Firm: Firm and Industry‚ Forms of Ownership‚ Objectives of the firm‚ alternate objectives of firm. * Managerial theories: Baumol’s Model‚ Marris’s Hypothesis‚ Williamson’s Model. * Behavioral theories: Simon’s Satisficing Model‚ Cyert and March Model. * Agency theory. * Opportunity cost principle * Opportunity
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Wa‚ Guanxi‚ and Inhwa: Managerial Principles in Japan‚ China‚ and Korea Article Summary We need to broaden our cultural horizons to embrace the full diversity of the world’s people. The managerial principles in Japan‚ China‚ and Korea may share some features‚ but differ in others. Each society has its separate‚ distinctive philosophy that guides business managers. A specific behavior appropriate to the setting is required and will be helpful in attaining success in dealings with managers from
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CHAPTER 4 REACTIONS IN AQUEOUS SOLUTION MULTIPLE CHOICE QUESTIONS 4.1 Which of the following compounds is a strong electrolyte? E A. H2O B. O2 C. H2SO4 D. C6H12O6 (glucose) E. CH3COOH (acetic acid) Answer: C 4.2 Which of the following compounds is a strong electrolyte? E A. H2O B. N2 C. KOH D. C2H6O (ethanol) E. CH3COOH (acetic acid) Answer: C 4.3 Which of the following compounds is a weak electrolyte? E A. HCl B. CH3COOH (acetic acid)
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Case Projects 4-2 An inventory specialist in the Manufacturing and Operations Department needs to determine what file systems are mounted on his Linux computer because he is not sure that the DVD/CD-ROM drive is properly mounted. Explain the steps he should use to determine the mounted file systems‚ and also note which file system should be mounted for the DVD/CD-ROM. To determine what file systems are mounted on his Linux computer‚ first he must access the command prompt or open a terminal window
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A Chapter 7 bankruptcy is a(n) Liquidation Where should a company undergoing reorganization report the gains and losses resulting from the reorganization? on the income statement‚ separate from other gains and losses. How should liabilities (except for deferred income taxes) be reported by a company using fresh start accounting? at the present value of future cash payments. Which one of the following unsecured liabilities has the highest priority when an insolvent company is about to be liquidated
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Problem 5-33 First-stage allocation‚ activity-based costing‚ manufacturing sector Overhead Costs: Wages & Salaries Depreciation Rent Other O/H Total O/H Cost $ $ Direct Mfg. Labor Support Wages & Salaries $ 192‚000 Depreciation 15‚000 Rent 36‚000 Other O/H 48‚000 Total O/H Cost $ 291‚000 Activity Rate $ 9.70 Traditional $ 9.70 Order 448200: Direct Mfg. Labor Order Process Design Support Other Direct Materials Direct Labor Direct labor rate/hour Activity Cost Pool Drct Mfg. Labor Order Process
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CHAPTER 6: EFFICIENT DIVERSIFICATION 1.E(rP) = (0.5 16%) + (0.4 10%) + (0.10 6%) = 12.6% 2.a.The mean return should be less than the value computed in the spreadsheet. The fund’s return is 5% lower in a recession‚ but only 3% higher in a boom. The variance of returns should be greater than the value in the spreadsheet‚ reflecting the greater dispersion of outcomes in the three scenarios. b.Calculation of mean return and variance for the stock fund: (A) (B) (C) (D) (E) (F) (G) Scenario Probability
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just to stay under the radar. I would definitely do my best to find a new place of employment. 4. Research shows that acts of co-workers (37 percent) and management (22 percent) cause more negative emotions for employees than do acts of customers (7 percent) What can Laura’s company do to change its emotional climate? The first thing that the company needs to do is become aware that there is a problem. Upper management will need to be involved‚ not direct reports to. Once upper management is
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