When a company has excess funds, it has four options. Describe these options. What is the simplest thing to do with excess cash?
What will be an ideal response?
Answer: First, you can put the excess fund in a savings account or invest them in marketable securities. Second, you can repay lenders and owners (retire debt early or pay extra dividends). Third, you can replace aging assets. Fourth, you can invest in the company by accepting positive net present value projects. The simplest thing to do with excess cash is to keep it in cash ready to be used or to put it in marketable securities that have short maturity dates.
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A troubling result of the 2013 National Business Ethics Survey is:
A. a high percentage of misconduct is conducted by management B. Decline in pressure to compromise ethics C. No change in the likelihood to report misconduct D. Decreased witnessing of misconduct in the workplace
Industries with relatively high market-to-book ratios are more likely to have ___________________________________ assets
Fill in the blank(s) with correct word
Which sentence expresses numbers correctly?
A) To print the new flowchart, we needed legal paper measuring eight by fourteen inches. B) To print the new flowchart, we needed legal paper measuring eight by 14 inches. C) To print the new flowchart, we needed legal paper measuring 8 by 14 inches.
Individualism views the needs and goals of society at large as more important than individual desires.
Answer the following statement true (T) or false (F)