Which of the following is an example of ethical behavior of the management of a corporation?
A. Executives of the corporation pursue their own personal interests when making important business decisions.
B. Payment of bribe by the management of the corporation to foreign governments to obtain business.
C. The management of the corporation uses confidential information for personal gain.
D. The management actions are often resulting in large gains for themselves and large losses for stockholders.
E. The management takes steps to adhere to laws and regulations relating to product safety.
Answer: E
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Which of the following statements is a disadvantage for a company that outsources jobs?
A. The potential to groom and hire from within an enculturated workforce decreases. B. The company's contribution to employee health benefits, retirement, and 401(k) payments increases. C. The need to purchase and update computers and related equipment increases substantially. D. The work force size within the company increases, thereby increasing its salary budget.
To prop up a currency, a country must
A. reduce its interest rates. B. limit the movement of capital. C. use its reserves to purchase its own currency in the foreign-exchange market. D. sell its gold stock.
Flask Company reports net sales of $2350 million; cost of goods sold of $1900 million; net income of $380 million; and average total assets of $1700 million. Compute its total asset turnover.
A. 0.89. B. 1.24. C. 1.38. D. 1.12. E. 0.72.
You have evaluated three projects of similar investment amount and risk using the net present value (NPV) method. How would you decide which one of the projects to select?
What will be an ideal response?