A common reason why companies do not come out successfully from a Chapter 11 bankruptcy is because they
A. are in denial
B. wait too long to file for protection
C. do not understand the bankruptcy process
D. don't have legal representation
Answer: B
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Jim has been employed at Fortis Services for nearly 15 years in the same job. He has been offered promotions, but he likes what he does. Which statement would imply that Jim is low on openness to experience?
A. Jim is not conservative in his decision-making approaches. B. Jim often comes up with and implements radical ideas. C. Jim is known for being unconventional and daring in his business plans. D. Jim does not have narrow, conservative interests. E. Jim is not open to a wide range of stimuli.
As a pricing tactic, markup pricing is
A. difficult to implement. B. good at capturing the value consumers place on products. C. the most effective pricing tactic overall. D. not very effective at maximizing profits. E. a good measure of price sensitivity.
Carlin and Marley, an accounting firm, provides consulting and tax planning services. For many years, the firm's total administrative cost (currently $270,000) has been allocated to services on this basis of billable hours to clients. A recent analysis found that 55% of the firm's billable hours to clients resulted from tax planning services, while 45% resulted from consulting services.The firm, contemplating a change to activity-based costing, has identified three components of administrative cost, as follows: Staff Support$200,000 In-house computing charges 50,000 Miscellaneous office costs 20,000 Total$270,000 A recent analysis of staff support found a strong correlation with the number of clients served. In contrast, in-house computing and miscellaneous office cost varied
directly with the number of computer hours logged and number of client transactions, respectively. Consulting clients served totaled 35% of the total client base, consumed 30% of the firm's computer hours, and accounted for 20% of the total client transactions.If Carlin and Marley switched from its current accounting method to an activity-based costing system, the amount of administrative cost chargeable to consulting services would: A. decrease by $59,500. B. decrease by $32,500. C. increase by $32,500. D. change by an amount other than those listed. E. change, but the amount cannot be determined based on the information presented.
Sourcing capital abroad usually follows a logic path. List in sequencial order three corporate strategies in internationalizing the cost of capital
What will be an ideal response?