How can we make a financial decision with cash flows occurring at different points in time?
What will be an ideal response?
Answer: We need to transform the cash flows to a single point in time either through present value (PV) computations or through future value (FV) computations, therefore bringing all of them at the same point in time to perform simple algebraic computation.
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Company X has a good whistle-blowing program in place. Sara used the whistle-blowing system to alert the management about a fraud being committed by a senior employee in the human resource department. The company investigated the allegation and punished the fraudster. However, Sara was shocked to find later that everyone in her team knew that she was the one who blew the whistle. What could be a
major issue with the program at the company? a. Unclear policies regarding whistle blowing b. Lack of awareness about the program c. Management inaction regarding anonymity policies d. Lack of adherence to anonymity policies
Ethical reasoning is the process through which an individual links his or her moral convictions or ethical standards to the particular situation at hand
a. True b. False Indicate whether the statement is true or false
You are the general manager of the machining products division of a diversified manufacturing company in Des Moines, Iowa. You primarily produce machining products for sale to wholesalers around the world. However, you periodically get requests from other divisions in your company to purchase your products. You treat these purchase requests the same as a purchase request from a non-affiliated entity. You sell your machining products to other internal divisions at a price that is equivalent to a market-based cost.This is an example of which of the following types of business pricing?
A. Freight absorption pricing B. Uniform geographic pricing C. Transfer pricing D. Zone pricing E. Base-point pricing
Lee wants to begin importing athletic shoes under the corporate name Mercury, Inc. Mercury should include most of its corporate rules in
A. the articles of incorporation. B. the bylaws. C. the corporate charter. D. the minutes of the first meeting of the board of directors.