If each Jerk Store location is acting independently, what is their expected profit if they stock an optimal quantity?
A) $13,521
B) $13,840
C) $16,680
D) $16,789
Answer: B
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Helen works as the vice president of Gotspeed Corporation, a company that manufactures and markets sports shoes. Nestor, a private cobbler, designs a new model of shoes that help a user's feet grip the shoe better, and he calls it the Anklator
Nestor's friend fixes an appointment for him with Helen to present his shoe model for possible adoption by Gotspeed. Instead of bringing the opportunity to Gotspeed's board of directors and the corporation, Helen pays Nestor's asking price and purchases the Anklator model herself. Helen leaves Gotspeed Corporation and forms her own company that manufactures and markets the Anklator shoe models. Which of the following is the the duty of loyalty breached by Helen? A) self-dealing B) usurping a corporate opportunity C) making a secret profit D) competing with the corporation
Write the comparative and the superlative degree of the word. quickly
Project A has a pattern of high cash inflows in the early years, while Project B has majority of its cash inflows in the later years. At the current required rate of return, Projects A and B have identical NPVs. Assuming that interest rates are increasing, other things held constant, this change will cause B to become more preferable than A.
Answer the following statement true (T) or false (F)
Which of the following is the most important consideration of an auditor when examining the stockholders' equity section of an entity's balance sheet?
A. Changes in the capital stock account are verified by an independent stock transfer agent. B. Stock dividends and/or stock splits during the year under audit were approved by the stockholders. C. Stock dividends are capitalized at par or stated value on the dividend declaration date. D. Entries in the capital stock account can be traced to a resolution in the minutes of the board of directors' meetings.