Stability, crisis, dynamic equilibrium, and edge of chaos are
a. four types of environmental contexts
b. four classifications of how people react to change
c. four sensemaking styles
d. four techniques for stimulating creativity
a. four types of environmental contexts
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If the net income of a partnership is less than the total of the allowances provided by the partnership agreement, the difference must be divided among the partners in the income-sharing ratio
Indicate whether the statement is true or false
The maximum number of hours before overtime is ________
a) 35 b) 37 1/2 c) 40 d) 42 e) none
If D = 1.00, then N(1.00 ) is approximately
A) 0.69000. B) 1.00000. C) 0.08332. D) 0.35090. E) None of the above
Sub-Prime Loan Company is thinking of opening a new office, and the key data are shown below. The company owns the building that would be used, and it could sell it for $100,000 after taxes if it decides not to open the new office. The equipment for the project would be depreciated by the straight-line method over the project's 3-year life, after which it would be worth nothing and thus it would have a zero salvage value. No change in net operating working capital would be required, and revenues and other operating costs would be constant over the project's 3-year life. What is the project's NPV? (Hint: Cash flows are constant in Years 1-3.) Do not round the intermediate calculations and round the final answer to the nearest whole number. WACC10.0% Opportunity cost$100,000 Net
equipment cost (depreciable basis)$65,000 Straight-line depr. rate for equipment33.333% Annual sales revenues$128,000 Annual operating costs (excl. depr.)$25,000 Tax rate35% ? A. 020,353 B. 022,592 C. 021,168 D. 021,575 E. 017,707