Answer the following statements true (T) or false (F)
1. The cost of recruiting, selecting, and training a new employee is usually more than 100% of that employee’s annual salary.
2. When examining companies, people usually research the social environment of the company the least.
3. We have to abide by all of the EEO laws currently in existence when recruiting for our organization.
4. The HR manager need only be well versed in state regulations that govern an organization’s ability to recruit.
5. Outsourcing is the only alternative to recruitment.
1. True
2. False
3. True
4. False
5. False
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____________________ indicate a company's ability to meet its current debts as they come due
Fill in the blank(s) with correct word
For each objective provided in an MPR plan, there should be at least one corresponding statement of tactics
Indicate whether the statement is true or false
Sales promotion refers to those promotion activities-other than advertising, publicity, and personal selling-that stimulate interest, trial, or purchase by final customers or others in the channel.
Answer the following statement true (T) or false (F)
LEE Corporation intends to purchase equipment for $1,500,000. The equipment has a 5-year useful life and will
be depreciated on a straight-line basis. Addition of the equipment requires additional working capital of $20,000. The $20,000 is expected to be recaptured at the end of the project. LEE's marginal tax rate is 40%. Use of the equipment is expected to change the company's reported EBIT by $600,000 in year one, $700,000 in year two, $550,000 in year three, $200,000 in year four, and $100,000 in year five. Due to changing market conditions, the equipment did have a salvage value of $100,000 at the end of year five. a. Calculate the initial outlay and the incremental free cash flows over the life of the project. b. If the risk-adjusted discount rate for this project is 20%, calculate the project's net present value and internal rate of return and comment on the acceptability of the project.