Answer the following statement(s) true (T) or false (F)
When a company is liquidated, preferred stockholders receive a certain fixed amount after assets are distributed to common stockholders.
ANSWER: False
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One of the attributes of sustainability is that it:
A. can lead to huge expenses. B. cannot be used in the long term. C. reduces competitive advantage. D. is a good risk management strategy.
Answer the following statements true (T) or false (F)
1) The payback method is a screening device and is rarely used as the sole method for deciding whether to invest in an asset. 2) All else being equal, investments with longer payback periods are preferable. 3) Cash inflows from a capital investment arise from an increase in revenues, a decrease in expenses, or both. 4) A major criticism of the payback method is that it focuses only on the time to recover the investment and ignores profitability. 5) Most capital budgeting methods focus on accrual-based income.
Based on the following data for the current year, what is the number of days' sales in accounts receivable? Net sales on account during year $584,000 Cost of merchandise sold during year 300,000 Accounts receivable, beginning of year 45,000 Accounts receivable, end of year 35,000 Inventory, beginning of year 90,000 Inventory, end of year 110,000
A) 7.3 B) 2.5 C) 14.6 D) 25
According to Burns and Stalker, organizations that exist in stable, routine environments are more likely to have _____________.
a. Mechanistic, rigid and bureaucratic structures b. Organic, loose, less bureaucratic structures c. No difference to organizations that exist in any other kind of environment d. Great ability in adapting to changing circumstances