Organizational breakdown structure (OBS) allows companies to:
A) Assign the duties of tracking costs to the customer's accounting function.
B) Circumvent the onerous task of work breakdown structure.
C) Issue a preliminary TPS report.
D) Define the work to be accomplished.
D
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The equity method generally should be used to account for an investment in stock when the level of ownership is
A) between 20 and 50 percent. B) 10 percent or more. C) less than 20 percent. D) between 10 and 40 percent.
Del Grasso Fruit Company has more positive NPV projects than it can finance under its current policies without issuing new stock, but its board of directors had decreed that it cannot issue any new shares in the foreseeable future. Your boss, the CFO, wants to know how the capital budget would be affected by changes in capital structure policy and/or the target dividend payout policy. You obtained the following data, which shows the firm's projected net income (NI), its current capital structure and dividend payout policies, and three possible new policies. Projected net income for the coming year will not be affected by a policy change. How much larger could the capital budget be if (1) the target debt ratio were raised to the indicated amount, other things held constant, (2) the target
payout ratio were lowered to the indicated amount, other things held constant, or (3) the debt ratio and dividend payout were both changed by the indicated amounts? ? ? Policy Changes Current policyIncrease debtLower payoutDo bothProjected NI$237.5$237.5$237.5$237.5% Debt25.0%75.0%25.0%75.0%% Equity75.0%25.0%75.0%25.0%% Payout65.0%65.0%20.0%20.0%? A. 221.7; 142.5; 649.2 B. 277.1; 129.7; 525.8 C. 166.3; 146.8; 506.4 D. 219.5; 172.4; 616.7 E. 268.2; 108.3; 694.6
What do the letters of the AIDA concept stand for?
A. Alertness, Interest, Develop, Appeal B. Attention, Involvement, Desire, Action C. Action, Involvement, Desire, Attention D. Alertness, Involvement, Desire, Appeal E. Attention, Interest, Desire, Action
Each of the following is a characteristic of WAYN except:
A) It is a popular social networking Web site. B) When it introduced fees for its premier travel membership service, it lost most of its new subscriptions. C) It is not aimed at any particular age group. D) It enables its users to create a personal profile and upload and store photos.