A firm's operating cash flow (OCF) is defined as ________

A) gross profit minus operating expenses
B) gross profit minus depreciation
C) EBIT times one minus the tax rate plus depreciation
D) EBIT plus depreciation


C

Business

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__________ means that managers must report and justify work results to managers above them.   

A. Liability B. Accountability C. Delegation D. Hierarchical control E. Position power

Business

Flint Enterprises had the following cost and production information for April:      Units Produced   20,000Unit Sales Price  $200Manufacturing Cost Per Unit    Direct Material  $50Direct Labor  $25Variable Manufacturing Overhead  $10Fixed Manufacturing Overhead($400,000/20,000)=$20Full Manufacturing Cost Per Unit  $105Nonmanufacturing Costs    Variable Selling Expenses  $80,000Fixed General and Administrative Costs  $75,000Inventory increased by 4,000 units during April. What is Flint Enterprise's income under variable costing?

A. $1,365,000 B. $1,745,000 C. $1,785,000 D. $1,285,000

Business

In the context of the five general approaches to managing conflict between two parties as described by Thomas, which of the following is a characteristic of the collaboration approach?

A. It reflects a desire to achieve one's own ends at the expense of someone else. B. It represents a compromise between domination and appeasement. C. It reflects an effort to fully satisfy both parties. D. It involves indifference to the concerns of both parties.

Business

Which of the following is the first step in the development of the total compensation strategy?

A. assessing total compensation implications B. reassessing the fit C. implementing strategy D. mapping a total compensation strategy E. realigning as strategy changes

Business