Financial statements of Rukavina Corporation follow:Comparative Balance Sheet Ending BalanceBeginning BalanceAssets: Cash and cash equivalents$36 $38 Accounts receivable 39 44 Inventory 34 35 Property, plant, and equipment 386 360 Less accumulated depreciation 202 191 Total assets$293 $286 Liabilities and stockholders' equity: Accounts payable$71 $61 Bonds payable 176 220 Common stock 81 80 Retained earnings (35) (75)Total liabilities and stockholders' equity$293 $286 ? Income Statement?Sales$518Cost of goods sold336Gross margin183Selling and administrative expense113Net operating income69Income taxes21Net income$48Cash dividends were $8. The company did not dispose of any property, plant, and equipment. It did not issue
any bonds payable or repurchase any of its own common stock. The following questions pertain to the company's statement of cash flows.The net cash provided by (used in) operating activities for the year was:
A. $69
B. $27
C. $21
D. $75
Answer: D
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The management of Harling Corporation is considering the purchase of a machine that would cost $90,504 and would have a useful life of 5 years. The machine would have no salvage value. The machine would reduce labor and other operating costs by $27,000 per year. (Ignore income taxes.)Refer to Exhibit 12B-1 and Exhibit 12B-2, to determine the appropriate discount factor(s) using the tables provided.Required:Determine the internal rate of return on the investment in the new machine.
What will be an ideal response?
Productivity is the result of two components over which managers have control. The two components are ______.
A. sustainability and turnover B. absenteeism and turnover C. productivity and revenue D. effectiveness and efficiency
When reinforcement is based on output, it is ______.
a. interval b. intermittent c. quantitative d. ratio
_______________ can be defined as organizations that have created business models that cater to basic human needs that are not currently being served.
a. Traditional entrepreneurship b. Social entrepreneurship c. Financial entrepreneurship d. Unorthodox entrepreneurship