"Industrial intimacy":
A) refers to the value of personal hygiene products.
B) is best achieved when the company offers one-size-fits all service.
C) should be a major goal of companies even if it hurts profitability.
D) comes from better understanding of specific customer needs and wants.
D) comes from better understanding of specific customer needs and wants.
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Discuss the use of introductory elements that allow readers to get a feel for a document without reading the entire work
What will be an ideal response?
During the current year, merchandise is sold for $981,000. The cost of merchandise sold sold is $588,600.
a. What is the amount of the gross profit? $
b. Compute the gross profit percentage (gross profit divided by sales). Round to the nearest whole number. %
c. When will the income statement report net income?
When can a securities fraud claim be used as a predicate act in a civil case under the Racketeer Influenced and Corrupt Organizations Act (RICO)?
a. When the defendant has been arrested in connection with the fraud. b. When a conspiracy can be proven. c. When the defendant has been criminally convicted in connection with the fraud. d. When the defendant has been held liable for other civil damages in connection with the fraud.
Sub-Prime Loan Company is thinking of opening a new office, and the key data are shown below. The company owns the building that would be used, and it could sell it for $100,000 after taxes if it decides not to open the new office. The equipment for the project would be depreciated by the straight-line method over the project's 3-year life, after which it would be worth nothing and thus it would have a zero salvage value. No change in net operating working capital would be required, and revenues and other operating costs would be constant over the project's 3-year life. What is the project's NPV? (Hint: Cash flows are constant in Years 1-3.) Do not round the intermediate calculations and round the final answer to the nearest whole number. WACC10.0% Opportunity cost$100,000 Net
equipment cost (depreciable basis)$65,000 Straight-line depr. rate for equipment33.333% Annual sales revenues$128,000 Annual operating costs (excl. depr.)$25,000 Tax rate35% ? A. 020,353 B. 022,592 C. 021,168 D. 021,575 E. 017,707