List Mintzberg's findings about the nature of managerial work.
What will be an ideal response?
A manager relies more on verbal than on written communication.
A manager works long hours at an intense pace.
A manager's work is characterized by fragmentation, brevity, and variety.
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Which of the following is NOT true regarding methods of perfection?
a. A security interest in a deposit account may be perfected only by taking control of the collateral. b. A security interest in a letter-of-credit right may be perfected only by taking control of the collateral. c. A security interest in money may be perfected either through possession or through filing a financing statement. d. For a limited period, a purchase-money security interest in consumer goods is automatically perfected.
Employers can monitor employees' electronic communications made in the ordinary course of business, including employees' personal communications
Indicate whether the statement is true or false
Cactus Company is a calendar year S corporation with the following current year information: Operating loss$(120,000)Liabilities: Notes payable, City Bank 20,000 Notes payable, Jake Crow 20,000 On January 1, John James bought 50% of Cactus Company stock for $30,000. How much of the operating loss may John deduct on his Form 1040? Assume the excess business loss limitation does not apply.
A. $50,000 B. $40,000 C. $30,000 D. $60,000
At the optimal debt-to-equity ratio, the cost of capital (WACC) is ________ for the firm. This point reflects the maximum benefit of leverage
A) the lowest B) the highest C) at the midpoint D) irrelevant