Which of the following graphical methods is most appropriate for categorical data?
a. ogive
b. pie chart
c. histogram
d. scatter diagram
b
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In preparing a company's statement of cash flows using the indirect method, the following information is available: Net income$60,000?Accounts payable decreased by 22,000?Accounts receivable increased by 29,000?Inventories increased by 9000?Depreciation expense 38,000?Net cash provided by operating activities was:
A. $100,000. B. $64,000. C. $60,000. D. $38,000. E. $82,000.
Which of the following statements about employee rights is true?
A. Employee rights are based on what the employer deems is fair and equitable. B. Privacy is only an employee right with private firms not public entities. C. The terminate-at-will rule first came about during a 1940 court case. D. Reciprocity is an employee right guaranteed by federal laws. E. Cooperative acceptance is an employee right referring to fair treatment.
In most organizations, the mission is generally narrower and more ______ than the vision.
A. general B. formal C. specific D. informal
Hawthorn Corporation has provided the following information concerning a capital budgeting project: Investment required in equipment$510,000 Net annual operating cash inflow$240,000 One-time renovation expense in year 2$60,000 Tax rate 30%After-tax discount rate 7%The expected life of the project and the equipment is 3 years and the equipment has zero salvage value. The company uses straight-line depreciation on all equipment and the depreciation expense on the equipment would be $170,000 per year. Assume cash flows occur at the end of the year except for the initial investments. The company takes income taxes into account in its capital budgeting. The net annual operating cash inflow is the difference between the incremental sales revenue and incremental cash operating
expenses. Required:Determine the net present value of the project. Show your work! What will be an ideal response?