TQM ______.
A. is a quick fix
B. is costless because quality is free
C. may take several years to implement fully
D. is required to meet ISO certification standards
C. may take several years to implement fully
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A company's income statement showed the following: net income, $132,000; depreciation expense, $39,000; and gain on sale of plant assets, $13,000. An examination of the company's current assets and current liabilities showed the following changes accounts receivable decreased $11,200; merchandise inventory increased $27,000; prepaid expenses increased $8000; accounts payable increased $5200. Calculate the net cash provided or used by operating activities.
A. $153,400. B. $155,400. C. $139,400. D. $181,400. E. $160,200.
VanMannen Foundations, Inc. (VF)VanMannen Foundations, Inc. (VF) is a zero-growth company that currently has zero debt, and it has the data shown below.
EBIT =$80,000 Growth =0% Orig cost of equity, rs =10.0% No. of shares =10,000 Price per share = $60.00Tax rate =25% ? Refer to the data for VanMannen Foundations, Inc. (VF). Now assume that VF is considering changing from its original zero debt capital structure to a new capital structure with even more debt. This results in changes in the cost of debt and equity, and thus to a new WACC and a new value of operations. Assume VF raises the amount of new debt indicated below and uses the funds to purchase and hold T-bills until it makes the stock repurchase. What is the stock price per share immediately after issuing the debt but prior to the repurchase? Debt/Value =40% Value of new debt =$280,702 Equity/Value =60% New WACC =8.55% A. $66.67 B. $70.18 C. $73.68 D. $77.37 E. $81.24
A car buyer in the ordinary course of business will take free and clear of a security interest created by any person who owned the automobile prior to the dealer
a. True b. False Indicate whether the statement is true or false
Identify at least six factors a court will consider in determining whether a person acting for another is an employee or an independent contractor