Diversity training can facilitate the management of a diverse workforce
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During its first year of operations, a company granted employees vacation privileges and pension rights estimated ata cost of $21,500 and $15,000 . The vacations are expected to be taken in the next year and the pension rights areexpected to be paid in the future 5–30 years. What is the total cost of vacation pay and pension rights to berecognized in the first year?
a. $15,000 b. $36,500 c. $6,500 d. $21,500
McGrath Corporation recently issued 180-day commercial paper with a face value of $1,500,000 and a simple interest rate of 13 percent. The company paid a transaction fee equal to 0.3 percent of the amount issued, which was taken out of the issue amount before the company received any funds. Assuming there are 360 days in a year, what are the commercial paper's annual percentage rate (APR) and effective annual rate (rEAR), respectively?
A. APR = 7.30%; rEAR = 15.12% B. APR = 9.73%; rEAR = 9.84% C. APR = 13.97%; rEAR = 14.23% D. APR = 14.59%; rEAR = 15.12% E. APR = 15.34%; rEAR = 15.34%
Any breach allows the nonbreaching party to cancel the contract
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When considering fixed operating cost increases, a financial manager must weigh the increased financial risk associated with greater operating leverage against the expected increase in returns
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