Which of the following statements is not true regarding the goal of financial management? The goal of maximizing the value per share of existing stock is relevant to all organizations. A way of aligning management goals to shareholder’s interest is to tie managerial compensation to the market value of the firm’s stock. For a company considering international operations‚ the goal will be the same but the company will have to consider the local social‚ economical and political
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1. (TCO 1) What is the goal of financial management for a sole proprietorship? (Points : 3) decrease long-term debt to reduce the risk to the owner maximize net income given the resources of the firm maximize the market value of the equity minimize the tax impact on the proprietor minimize costs and increase production 2. (TCO 1) Which of the these activities is not a capital budgeting task? (Points : 3) determining the amount
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George Stamper‚ a credit analyst with Micro-Encapsulators Corp (MEC) needed to respond to an urgent email request from the southwest sales office. The local sales manager reported that she had an opportunity to clinch an order from Miami Spice (MS) for 50 encapsulators at $10‚000 each. She added that she was particularly keen to secure this order since MS was likely to have a continuing need for 50 encapsulators a year and could therefore prove a very valuable customer. However‚ orders of this
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Balance Sheet as of December 31‚ 2010 | Gary and Company | Cash | $45 | | Accounts payables | $45 | Receivables | 66 | | Notes payables | 45 | Inventory | 159 | | Other current liabilities | 21 | Marketable securities | 33 | | Total current liabilities | $111 | Total current assets | $303 | | | | Net fixed assets | 147 | | Long Term Liabilities | | Total Assets | $450 | | Long-term debt | 24 | | | Total Liabilities | $135 | | | |
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Corporate Scandal I. Olympus Updated: April 20‚ 2012 Olympus Corporation‚ founded in 1919‚ is a manufacturer of digital cameras and electronic equipment. Based in Tokyo‚ the multibillion-dollar company has operations worldwide. In mid-October 2011‚ Olympus was rocked by scandal when its former chief executive and president‚ Michael C. Woodford‚ who is British‚ was suddenly fired. The company’s chairman‚ Tsuyoshi Kikukawa‚ blamed a culture clash‚ but Mr. Woodford‚ a 30-year Olympus employee‚
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Jennifer Obrien Date: 11/ April 11‚ 2013 Abstract Inexpensive‚ affordable food is a person’s wants. If find some ways to solve this problem‚ keep food quality and price. So‚ in this paper discuss the solution of how to strike a balance between inexpensive‚ affordable food and healthy‚ quality food. Firstly‚ according to international trade‚ people can import some healthy food from other country‚ which place has lower labor. So‚ people can control the
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Virtual Organization: Lafleur Trading Co. Virtual Organization: Lafleur Trading Co. Initial Public Offering For any company going public through an IPO creates a few strengths. Going through an IPO creates a large amount of capital. This capital does not have to be paid back nor does any interest have to be paid on it (Investopedia‚ 2013). An IPO also makes it easier for a company to get more capital funds later through public debt offerings (Reference for Business‚ 2013). A large influx
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Four types of computers * * * * * digg * category: Introduction to Computing Table of Contents * 1.Supercomputer * 1.1.Uses of Supercomputer * 1.1.1.Space Exploration * 1.1.2.Earthquake studies * 1.1.3.Weather Forecasting * 1.1.4.Nuclear weapons testing * 1.2.Popular Supercomputers * 2.Mainframe computer * 2.1.Popular Mainframe computers * 3.Minicomputer * 3.1.Popular Minicomputers * 4.Microcomputer
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STANDARD OPERATING PROCEDURE FOR STORES There is a need to have a uniform procedure for the stores function so that optimum action is taken for a timely purchase at the best possible cost. In order to streamline stores function‚ there is a need for a uniform procedure. This SOP covers interalia‚ the entire subject of stores procurement‚ storage and preservation‚ issues on accounting management‚ stock verification‚ safety and security of stores. Suggestions for improvements in the procedures laid
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The Pavilion Play In the play the Pavilion‚ regret‚ forgiveness‚ and living in the present were the main themes presented in this play. Everyone has regrets on what they should or should have done but can we really go back in time to change our decision‚ no. All we can really do is learn from our mistakes and try not to make the same mistakes again. Forgiving sometimes is a hard thing for someone to do. But once you get to the point where you can forgive someone you can finally move on from the
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