Which of the following is not one of the donor types identified by Prince and File?
a. Communitarian
b. Repayer
c. Idealist
d. Dynast
e. Hypocrite
e. Hypocrite
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Debt in the capital structure could be treated as if it were common equity in computing the weighted average cost of capital if the debt were
a. callable. b. participating. c. cumulative. d. convertible.
Nuthatch Corporation began its operations on September 1 of the current year. Budgeted sales for the first three months of business are $260,000, $350,000, and $400,000, respectively, for September, October, and November. The company expects to sell 30% of its merchandise for cash. Of sales on account, 80% are expected to be collected in the month of the sale, 20% in the month following the sale,
and the remainder in the following month. The cash collections in October from accounts receivable are: A) $232,400 B) $240,000 C) $210,000 D) $337,400
Matthew is a training and development manager who has been asked by the Rotary Club to speak at one of their meetings about trends in corporate training. However, since he is currently conducting an important staff development program, his schedule is very busy and he must refuse the invitation. What would be the best way to end his message declining the request?
a. Again, I am very flattered by your request. b. I apologize that I am so busy right now, but perhaps early next year I can speak to your group. c. I'll call you if I have a change in schedule that would accommodate your timeframe. d. My associate, David Freel, has extensive experience and would enjoy speaking to your group. Please feel free to contact him at 469-8000.
________ is an aspect of entrepreneurship that refers to doing the most work with the fewest resources.
A. Innovation B. Customer-focus C. Creation D. Efficiency