Which of the following statements regarding the activities of Casion Corp is true?
a. Revenues decrease Forman's stockholders' equity.
b. Expenses decrease Marcus' stockholders' equity.
c. Expenses increase Marcus' stockholders' equity.
d. None of these answer choices is correct.
b
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Working with customers calls for "emotional labor." This term means that:
A) employees need to vent their frustrations. B) boring, repetitive work makes people more emotional. C) we may be required to display emotions that are not exactly what we are feeling. D) getting mad at customers is normal and to be expected.
The ABC Corporation routinely releases information about its operations in all of its host countries. The company is fulfilling which principle of the Global Business Standards Codex?
A. transparency principle B. reliability principle C. fairness principle D. responsiveness principle
Putter Inc requires all capital investment projects to have a payback period of 4 years or less. Putter is currently considering an equipment purchase that has an initial cost of $80,000. The equipment is expected to have a six year life and a salvage value of $4,000. Assuming cash flows are equal, what does the annual cash flow generated by the equipment need to be in order to meet the payback
period requirements? A) $19,000 B) $13,333 C) $21,000 D) $20,000
_____________ are possible outcomes for chance events that affect the consequences associated with a decision alternative.
A. Payoffs B. Forecasts C. Decision trees D. States of nature