Katherine loses her ATM card while visiting her boyfriend in Boston. She doesn't realize it until she gets home to New Jersey after a week in Boston. She immediately notifies the bank that she lost her card 7 days ago. How much is Katherine liable for in losses?
a. $0 b. $50 c. $500
d. $1000
e. $10,000
c
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Social responsibility refers to
A. a democratic consensus of moral principles and laws that govern the behavior of individuals based on legislation adopted at the federal, state, and local levels. B. a personal moral philosophy that considers individual rights or duties as universal, regardless of the outcome. C. a societal moral philosophy based on the Golden Rule of the Judeo-Christian ethic found in the U.S. Constitution's Bill of Rights. D. a personal moral philosophy that focuses on the greatest good for the greatest number by assessing the costs and benefits of the consequences of ethical behavior. E. the view that organizations are part of a larger society and are accountable to that society for their actions.
Crystal Ship Knitwear, Inc., is expanding its offerings from handmade winter hats, scarves, and gloves to include clothing such as sweaters and knit outerwear. At the same time, it wants to open two retail stores and not rely entirely on online sales. To staff the new manufacturing facilities and brick-and-mortar stores properly, the company should conduct a(n)
A) situational analysis. B) utilization survey. C) inventory calculation. D) demand forecast. E) benchmarking analysis.
Office Accounting, Inc., hires Perry to repair a computer on site for $400, but Perry does not show up as agreed. Office Accounting hires Raul to do the job for $350. Office Accounting may recover from Perry
A. compensatory damages. B. consequential damages. C. nominal damages. D. punitive damages.
Which of the following statements is CORRECT?
A. In general, a firm with low operating leverage also has a small proportion of its total costs in the form of fixed costs. B. There is no reason to think that changes in the personal tax rate would affect firms' capital structure decisions. C. A firm with a relatively high business risk is more likely to increase its use of financial leverage than a firm with low business risk, assuming all else equal. D. If a firm's after-tax cost of equity exceeds its after-tax cost of debt, it can always reduce its WACC by increasing its use of debt. E. Suppose a firm has less than its optimal amount of debt. Increasing its use of debt to the point where it is at its optimal capital structure will decrease the costs of both debt and equity.