For the network shown in Fig. 7.1, which of the following is the critical path?
A) ABCDEF
B) ABEF
C) ACDF
D) ACEF
C
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Most entrepreneurs have little difficulty with gathering market information.
Answer the following statement true (T) or false (F)
The table above shows the stock prices and multiples for a number of firms in the newspaper publishing industry. Another newspaper publishing firm (not shown) had sales of $640 million,
Use the table for the question(s) below. Name Market Enterprise Enterprise Enterprise Capitalization Value Price/ Value/ Value/ ($ million) ($ million) P/E Book Sales EBITDA Gannet 6350 10,163 7.36 0.73 1.4 5.04 New York Times 2423 3472 18.09 2.64 1.10 7.21 McClatchy 675 3061 9.76 1.68 1.40 5.64 Media General 326 1192 14.89 0.39 1.31 7.65 Lee Enterprises 267 1724 6.55 0.82 1.57 6.65 Average 11.33 1.25 1.35 6.44 Maximum +60% 112% +16% +22% Minimum -40% -69% -18% -19% EBITDA of $84 million, excess cash of $67 million, $14 million of debt, and 120 million shares outstanding. If the average enterprise value to sales for comparable businesses is used, which of the following is the range of reasonable share price estimates? A) $6.27 to $8.86 B) $4.59 to $12.23 C) $1.15 to $1.53 D) $6.19 to $9.32
The practice in law-governed societies in which laws are known and understood, and there is an ability to appeal to higher authorities to ensure that the laws are applied correctly is called:
A) liability. B) due process. C) the courts of appeal. D) accountability. E) responsibility.
Why should business be ethical, according to Figure 5.1?
A. Ethical behavior protects business firms from abuse by unethical employees and competitors. B. Society's stakeholders expect it from businesses. C. Most people want to act in ways that are consistent with their own sense of right and wrong. D. All of these answers are correct.