Ridgeline Excavation & Construction, LLC, creates an internal code of ethics. Like the codes of other firms, Ridgeline's company code is not
A) law
B) a set of rules that the company can enforce.
C) an outline of the company's policies.
D) a guide for decision makers facing ethical questions.
A
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A salesperson researching a company's buying styles and product lines is most likely in the ________ stage of the selling process
A) overcome objections B) preapproach C) approach D) sales presentation E) close the sale
The board determines corporate policy in a number of areas, including:
a. selecting and removing officers. b. determining the corporation's capital structure. c. initiating fundamental changes. d. declaring dividends. e. All of these.
Depreciation deductions, like any other business expenses, reduce the income that a firm reports on its income statement
Indicate whether the statement is true or false
Assume that your capital is constrained, so that you only have $500,000 available to invest in projects. If you invest in the optimal combination of projects given your capital constraint,
then the total net present value (NPV) for all the projects you invest in will be closest to ________. A) $111,000 B) $69,000 C) $80,000 D) $58,000