Shareholder voting agreements have to be filed with the corporation
Indicate whether the statement is true or false
FALSE
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The following set of items describes activities completed by a company in purchasing and paying for merchandise. For each activity, identify whether or not the activity adheres to or violates sound internal control procedures. The receiving department compares the quantity received with the quantity printed on the receiving report when the purchase order was prepared
a. Adheres to sound internal control procedures b. Violates sound internal control procedures c. Neither strengthens nor violates internal control
Which feeling below is not an example of positive affect?
a. Cheerfulness b. Excitement c. Lethargy d. Self-assurance
How do companies use wikis?
A) Companies share special deals and incentives in short messages of 140 characters or fewer. B) Corporate teams respond to internal and external customers in rapid-fire posts to emergencies and other high-pressure situations. C) Global companies share information between headquarters and satellite offices. D) Companies post photos and biographies of their top-tier managers.
With the economy in full recovery, Treble Piano Manufacturing is considering a plant expansion
Its initial capital cost (not including working capital) is $750,000, expected after-tax operating cash flow is $225,000 per year for five years, and the recovery of capital assets after five years is $75,000. There is also a $100,000 increase in working capital at the beginning of the project that is recovered in whole at the end of the life of the project in Year 5. If this project has a required rate of return of 15%, what is its IRR? Use a financial calculator to determine your answer. A) 12.60% B) 13.60% C) 14.60% D) 15.60%