List at least six reasons to consider selling your stock.
What will be an ideal response?
Reasons include (1) poor upside/downside ratio, (2) to choose a stock with better potential, (3) declining profit margins, (4) current P/E is too high, (5) accounting irregularities, (6) adverse management change, (7) increasing competition, and (8) diversification of product line.
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Which of the following suggests a loosely knit social framework in which people are expected to take care of themselves and immediate family only?
A. collectivism B. individualism C. power distance D. loyalty to heirs
Rowan, Inc.'s, income statement is shown below. Based on this income statement and the other information provided, calculate the net cash provided by operations using the indirect method.Rowan, Inc.Income StatementFor Year Ended December 31Sales? $248,000Cost of goods sold? 116,000Gross profit? $132,000Operating expenses?? Wages and salaries expense $ 44,000? Rent expense 16,000? Depreciation expense 30,000? Other operating expenses 18,000 108,000Income from operations? $ 24,000Gain on sale of equipment? 26,000Income before income taxes? $ 50,000Income taxes expense? 17,500Net income? $ 32,500?Additional information:Increase in accounts receivable$ 4,000Increase in accounts
payable 16,000Increase in income taxes payable 300Decrease in prepaid expenses 10,000Decrease in merchandise inventory 14,000 What will be an ideal response?
All the activities that communicate the value of a product and persuade customers to buy it is referred to as
A. positioning. B. advertising. C. salesmanship. D. promotion. E. marketing.
Under the Family and Medical Leave Act, covered employees are required to provide unpaid
leave for the statutory time periods allowed by law for: A) Care for a spouse, child, or parent with a serious health problem. B) Birth of, and care for, a child. C) Placement of a child for adoption or in foster care. D) A and B only. E) A, B, or C.