Magnus's company holds meetings every Monday morning. Magnus is responsible for sharing an anecdote, an account, or a legend about the company for every first Monday of the month to keep everyone reminded of where they work and what is important. Magnus is responsibility for sharing
A. ceremonies.
B. stories.
C. symbols.
D. espoused values.
E. language.
Answer: B
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Indicate whether the statement is true or false.
The crash time of an activity represents
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Your firm has $500 million of investor-supplied capital, its return on investors' capital (ROIC) is 15%, and it currently has no debt in its capital structure (i.e., wd = 0). The CFO is contemplating a recapitalization where it would issue debt at an after-tax cost of 10% and use the proceeds to buy back some of its common stock, such that the percentage of common equity in the capital structure (wc) is 1 - wd. If the company goes ahead with the recapitalization, its operating income, the size of the firm (i.e., total assets), total investor-supplied capital, and tax rate would remain unchanged. Which of the following is most likely to occur as a result of the recapitalization?
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Legal methods of reducing your taxes include all of the following except
A) organizing your records to track appropriate expenses and contributions. B) preparing your return early in the year so you are not rushed. C) seeking the advice of an accountant. D) overstating cash contributions to Salvation Army Christmas kettles.