Which one of the following actions by a financial manager creates an agency problem?
A) Borrowing money when doing so creates value for the firm
B) Lowering selling prices that will result in increased firm value
C) Agreeing to expand the company at the expense of stockholders' value
D) Agreeing to pay management bonuses based on the market value of the firm's stock
E) Refusing to spend current cash on an unprofitable project
C) Agreeing to expand the company at the expense of stockholders' value
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Environmental forces refer to
A. the marketing manager's controllable forces in a marketing decision involving social, economic, technological, competitive, and regulatory forces. B. the internal strengths of a company that enable the firm to remain competitive. C. the unpredictable or uncontrollable availability of natural resources that can enhance or restrain a company's growth. D. the marketing manager's uncontrollable factors - product, price, promotion, and place - that can be used to solve marketing problems. E. the marketing manager's uncontrollable forces in a marketing decision involving social, economic, technological, competitive, and regulatory forces.
Quan uses a periodic inventory system. At the end of April, Quan had 20 units on hand. April 1 On hand, 10 units @ $2 each $ 20 19 Purchased 90 units @ $3 each 270 Goods available for sale $290 If Quan, Inc uses FIFO inventory costing, how much is cost of goods sold for April?
a. $250 b. $232 c. $230 d. $240
Database management systems structure files, store data, and link records.
Answer the following statement true (T) or false (F)
Cash equivalents are short -term investments that will be converted to cash within 120 days
Indicate whether the statement is true or false