Factors that can be used to evaluate scorecards include each of the following except
A) resources.
B) results.
C) value.
D) schedule.
B
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Scrubber, Inc presented the following information in a note to its financial statements for the year ending December 31, 2016: The company has a loan agreement with Mountain State Bank that states: 1 . The current ratio should remain at least 2.0 to 1 at all times. 2 . The debt-to-equity ratio should not exceed .7 to 1 at any time. 3 . The company must maintain $75,000 cash at all times. The
ratios at year-end are: current ratio, 2.3 to 1 and debt-to-equity ratio, .2 to 1 . The amount of cash on the bank statement is $75,400, but the cash account after the adjustments from the bank reconciliation has a balance of $74,900 . Has Scrubber violated its loan agreement? a. No b. Yes, the cash balance is less than $75,000. c. Yes, the current ratio is .3 or 30% larger than the agreement indicates. d. Yes, the cash balance is less than $75,000, and the debt-to-equity ratio is overstated.
In a company that operates in "silos," employees in customer service would be likely to have regular communication with employees in marketing
Indicate whether the statement is true or false
An informed consent form should include descriptions about not only the benefits of participating in the study but also potential risks of participating in the study.
a. True b. False
According to the text, which of the following company actions would be legal, satisfy Friedman’s advice, and also be unethical?
a. moving earned income into a tax-free foreign territory such as the Cayman Islands b. polluting a local river with runoff because it knows the EPA will not detect the emissions c. engaging in monopolistic practices by colluding with other dominant companies in an industry to fix prices d. firing employees that indicate they might act as whistleblowers about improper acts