Which of the following is the most appropriate measure to examine whether management of a firm is pursuing the goal of maximizing the firm's stock price?
A. Retained earnings
B. Net income
C. Cash flows
D. Earnings per share
E. Accounting profits
Answer: C
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The utilitarian tradition in ethics would have the strongest objections to manipulation.
Answer the following statement true (T) or false (F)
Timely topics and research project stories are both types of ________
A) advertising appeals B) advocacy advertising C) puffery D) press releases E) creative strategies
The Cook Corporation has two divisions--East and West. The divisions have the following revenues and expenses: EastWestSales$580,000? $474,000? Variable costs 180,000? 229,300? Traceable fixed costs 172,500? 208,000? Allocated common corporate costs 114,800? 177,800? Net operating income (loss)$112,700? $(141,100)?The management of Cook is considering the elimination of the West Division. If the West Division were eliminated, its traceable fixed costs could be avoided. Total common corporate costs would be unaffected by this decision. Given these data, the elimination of the West Division would result in an overall company net operating income (loss) of:
A. $(65,100) B. $112,700 C. $(141,100) D. $(28,400)
A researcher wants to determine what percentage of the population in the southeastern United States would use a mass transit system if it were well-maintained. He gets telephone books from every city with over 200,000 people in those states and selects the fifteenth name in the middle column on every hundredth page as his sample. He has made a _____ error.
A. targeting B. random C. nonprobability D. frame E. reliability