Which of the following statements is CORRECT?
A. One way to increase EVA is to achieve the same level of operating income but with more investor-supplied capital.
B. If a firm reports positive net income, its EVA must also be positive.
C. One drawback of EVA as a performance measure is that it mistakenly assumes that equity capital is free.
D. One way to increase EVA is to generate the same level of operating income but with less investor-supplied capital.
E. Actions that increase reported net income will always increase net cash flow from operations.
Answer: D
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What is a value delivery network?
What will be an ideal response?
Answer the following statements true (T) or false (F)
1. It is not always easy for leaders to articulate why an organization should change. 2. Once a gap analysis is performed, it is fairly straightforward to decide how the organization can reach the desired future state. 3. Beckhard and Harris’s model focuses heavily on the process of change. 4. In Duck’s stages, preparation requires all organizational leaders to be aligned so the change plan will succeed. 5. The GVV model suggests a three-part model: clarification and articulation of one’s values, post-decision-making analysis and implementation plan, and the practice of speaking one’s values and receiving feedback.
KWC sold a defective mountain bike which caused injury to a consumer when the handle brakes did not stop the wheels from turning. Because reasonable consumers would expect a mountain bike with brake handles to stop the bike, the product is not fit for its ordinary purpose of cycling. Which warranty has been breached?
a. Implied warranty of merchantability b. Implied warranty of fitness for a particular purpose c. Express warranty d. Warranty of title
Fact Pattern 17-1BKip sells an apartment building to Lacy with a promise to repair the roof, which violates the local housing code, within six months. One year later, Kip sends Milo, a carpenter, to fix the roof. Lacy orders Milo to leave and refuses to make further payments to Kip, who files a suit against Lacy.Refer to Fact Pattern 17-1B. Lacy's refusal to make further payments is most likely
A. a material breach. B. complete performance. C. excused by Kip's failure to fix the roof. D. substantial, but not complete, performance.