Lawyers often take the role of the incorporator, signing the charter and delivering it to the proper state officials
Indicate whether the statement is true or false
True
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Debt-to-equity ratio
a. Total liabilities b. Total stockholders' equity c. Net income d. Interest expense e. Cash flow from operations before interest and tax payments f. Cash paid for acquisitions g. Cash flow from operations h. Total dividends paid
What is the service desk's role in the change management process?
A. The service desk logs and approves emergency changes, so that impact to the business is minimized. B. The service desk runs the CAB meetings and communicates the calendar of upcoming changes. C. The service desk implements all changes that can be delivered and installed remotely. D. The service desk tracks incidents caused by change via the incident management process.
Grievance process is created by the parties to an agreement and is not required by the:
a. labor contracts. b. statutes. c. protocols. d. state laws.
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.