It is acceptable to promise that the manager will return a call
Indicate whether the statement is true or false.
F
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Which of the following statements is not correct?
a. A ratio that indicates a firm's long-term, debt-paying ability from the income statement view is the times interest earned. b. Some of the items on the income statement that are excluded in order to compute times interest earned are interest expense, income taxes, and unusual or infrequent items. c. Capitalized interest should be included with interest expense when computing times interest earned. d. Usually, the highest times interest coverage in the most recent five-year period is used as the primary indication of the interest coverage. e. In the short run, a firm can often meet its interest obligations, even when the times interest earned is less than 1.00.
Personal interests of managers that interfere with their responsibilities as managers constitute an unethical conflict for them.
Answer the following statement true (T) or false (F)
Which of the following is true of a qualified indorsement?
A) An instrument containing a qualified indorsement can only be negotiated once. B) An indorsement once qualified will protect all subsequent indorsers. C) A qualified indorsement protects only the indorser who wrote the indorsement. D) A qualified indorsement obligates the indorser to pay in case the maker defaults.
Answer the following statements true (T) or false (F)
1. Unionization in the public sector must be treated differently than unionization in the private sector because public sector goods and services are often essential to public safety and health and are not traded in a competitive market. 2. The research evidence supports the criticism that public sector unions have virtually unlimited bargaining power. 3. When exchanging proposals for a new contract, labor always present its demands first. 4. Once negotiations begin, the parties will only meet together as a group. No individual side discussions between negotiators are allowed to occur. 5. Because the bargaining process is often visible to outside parties (negotiators' constituents), some of what occurs at the bargaining table is more for show than necessary, or even healthy, for the parties to reach an agreement.