Carol was recently put on a team to develop a new product for Acme Global. Because there are so many people on the team, Carol thinks no one will notice if she does not participate or do any work for the team. Carol is a(n) ______.
A. social loafer
B. golden parachute
C. individual performer
D. merit seeker
A. social loafer
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When evaluating a special order, management should:
A. Only accept the order if the incremental revenue exceeds fixed product costs. B. Only accept the order if the incremental revenue exceeds total variable product costs. C. Only accept the order if the incremental revenue exceeds all product costs. D. Only accept the order if the incremental revenue exceeds regular sales revenue. E. Only accept the order if the incremental revenue exceeds full absorption product costs.
Bill Jones has just won the state lottery and has the following three payout options for after-tax prize money
1. $170,000 per year at the end of each of the next six years 2. $312,000 (lump sum) now 3. $508,000 (lump sum) six years from now The annual discount rate is 9%. Compute the present value of the first option. (Round your answer to the nearest whole dollar.) Present value of an ordinary annuity of $1: 8% 9% 10% 1 0.926 0.917 0.909 2 1.783 1.759 1.736 3 2.577 2.531 2.487 4 3.312 3.240 3.170 5 3.993 3.890 3.791 6 4.623 4.486 4.355 7 5.206 5.033 4.868 Present value of $1: 8% 9% 10% 1 0.926 0.917 0.909 2 0.857 0.842 0.826 3 0.794 0.772 0.751 4 0.735 0.708 0.683 5 0.681 0.650 0.621 6 0.630 0.596 0.564 7 0.583 0.547 0.513 A) $850,000 B) $762,620 C) $482,000 D) $457,251
What is the definition of the business judgment rule?
List some of the reasons why insurance companies engage in the reinsurance transaction
What will be an ideal response?