Compared to other motivation theories, ______ holds up fairly well cross-culturally because it is flexible.
a. expectancy theory
b. ERG theory
c. two-factor theory
d. acquired needs theory
a. expectancy theory
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The inventory purchases budget is based on which budget?
A. Sales budget B. Cash budget C. Selling and administrative expense budget D. None of the choices is correct.
Which of the following is an assumption of cost-volume-profit (CVP) analysis?
A) the price per unit does not change as volume changes B) mangers classify all costs as mixed C) total fixed costs change in the relevant range D) the number of products produced exceeds the number of products sold
What is the payback period for the Airbus A380 project? The Airbus A380 is the largest civilian aircraft ever built. It can carry 555 passengers on two decks. Initial project investments were $13B
Assume that the initial investment was paid on Dec 31, 2008. Assume that Airbus will produce 60 aircraft per year for five years. Each aircraft will be sold for $230M and total operating costs are 75% of revenues. Assume that revenues and costs occur at year-end with the first revenues (and costs) occurring on Dec 31, 2009. Ignore taxes and assume that there are no terminal year cash flows. Select the earliest year such that the initial investments are completely paid off. A) 3 years B) 4 years C) 5 years D) The project is not paid off in this time frame. E) Need the cost of capital to answer this question.
The LM Partnership terminates for tax purposes on July 15 when Latasha sells her 60% capital and profits interest to Zoe for $100,000. The partnership has no liabilities, and its assets at the time of termination are as follows:AssetsBasisFMVCash$ 20,000$ 20,000Receivables10,00012,000Inventory22,00028,000Building80,00085,000Land30,00021,667Total$162,000$166,667Marika, a 40% partner in the LM Partnership, has a $64,800 basis in her partnership interest (outside basis) at the time of the termination. She has held her LM Partnership interest for three years at the time of the termination. The bases of Marika and Zoe in the new LM Partnership is:
A.
| Marika | Zoe |
| $64,800 | $100,000 |
B.
| Marika | Zoe |
| $66,667 | $100,000 |
C.
| Marika | Zoe |
| $64,800 | $ 97,200 |
D.
| Marika | Zoe |
| $66,667 | $ 97,200 |