Your company's greatest need is to employ salespeople who will be responsible for selling the firm's products to new customers and increasing sales to present customers. For this reason, you recommend that the company hire which type of salesperson?
A. Order taker
B. Missionary
C. Trade
D. Order getter
E. Technical
Answer: D
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Variations on ____ include dilemmas, paradoxes, and difficulties, such as trouble performing tasks.
A. solutions B. problems C. arguments D. actions
Straight-line depreciation is an accelerated depreciation method
Indicate whether the statement is true or false
A corporation is evaluating the relevant cash flows for a capital budgeting decision and must estimate the terminal cash flow. The proposed machine will be disposed of at the end of its usable life of five years at an estimated sale price of $15,000
The machine has an original purchase price of $80,000, installation cost of $20,000, and will be depreciated under the five-year MACRS. Net working capital is expected to decline by $5,000. The firm has a 40 percent tax rate on ordinary income and long-term capital gain. The terminal cash flow is ________. A) $24,000 B) $16,000 C) $14,000 D) $26,000
This year, Zulou Industries capitalized $552,000 indirect costs to inventory for book purposes and $591,600 indirect cost to inventory under unicap. Zulou's cost of goods sold for book purposes was $2,458,000, and its cost of goods sold for tax purposes was $2,707,000. If Zulou has no other book/tax differences, and its book income is $5,000,000, compute Zulou's taxable income.
A. $4,790,600 B. $5,288,600 C. $4,751,000 D. $4,711,400