The Foreign Corrupt Practices Act prohibits American companies to make payments to foreign officials to obtain business.
Answer the following statement true (T) or false (F)
True
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In comparison to a baseline, productivity is higher if ______.
a. for given input, output is higher b. for given output, input is higher c. the cost of production increases with volume of production d. there is increase in demand with increase in volume of production
During the selling era of marketing, supply in many categories exceeded demand. This led to the:
A. focus on developing long-term customer relationships. B. conception of the marketing concept. C. focus on delivering unmatched value to customers. D. emergence of the hard sell.
What is the extent of jurisdiction of the NLRB?
Neiger Corporation has provided the following financial data:Balance SheetAssetsYear 2Year 1Current assets: Cash$216,000 $160,000 Accounts receivable, net 131,000 120,000 Inventory 104,000 120,000 Prepaid expenses 12,000 10,000 Total current assets 463,000 410,000 Plant and equipment, net 858,000 870,000 Total assets$ 1,321,000 $ 1,280,000 Liabilities and Stockholders' Equity Current liabilities: Accounts payable$109,000 $100,000 Accrued liabilities 59,000 60,000 Notes payable, short term 58,000 60,000 Total current liabilities 226,000 220,000 Bonds payable 120,000 120,000 Total liabilities 346,000 340,000 Stockholders' equity: Common stock,
$2 par value 100,000 100,000 Additional paid-in capital 60,000 60,000 Retained earnings 815,000 780,000 Total stockholders' equity 975,000 940,000 Total liabilities & stockholders' equity$ 1,321,000 $ 1,280,000 Income StatementSales (all on account)$1,320,000 Cost of goods sold 750,000 Gross margin 570,000 Operating expenses 507,571 Net operating income 62,429 Interest expense 11,000 Net income before taxes 51,429 Income taxes (30%) 15,429 Net income$ 36,000 Required:a. What is the company's working capital at the end of Year 2?b. What is the company's current ratio at the end of Year 2?c. What is the company's acid-test (quick) ratio at the end of Year 2?d. What is the company's times interest earned ratio for Year 2?e. What is the company's debt-to-equity ratio at the end of Year 2?f. What is the company's equity multiplier at the end of Year 2? What will be an ideal response?