After reading about the events in the Randi W case, which of the following would be the best advice you could give a supervisor who is looking for guidance on writing reference letters for employees who have been fired for cause, but who would like to avoid litigation against the company?
a. Decline to write the letter or simply confirm employment
b. Give the full story of the employee's termination from your perspective
c. Write a positive letter to avoid defamation issues
d. Turn over the information from the internal investigation on the former employee
.A
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Flee, a chain of electronic stores, plans to grow geographically. It has tied up with local retailers in international markets to form a new company in which ownership, control, and profits are shared between all involved parties. Which of the following entry strategies is being followed by Flee?
A. Strategic alliance B. Takeover C. Acquisition D. Merger E. Joint venture
Layer Corporation has provided the following information concerning a capital budgeting project: Investment required in equipment$160,000 Expected life of the project 4 Salvage value of equipment$0 Annual sales$360,000 Annual cash operating expenses$290,000 Working capital requirement$20,000 One-time renovation expense in year 3$20,000 The company's income tax rate is 30% and its after-tax discount rate is 8%. The working capital would be required immediately and would be released for use elsewhere at the end of the project. The company uses straight-line depreciation on all equipment. Assume cash flows occur at the end of the year except for the initial investments. The company takes income taxes into account in its capital budgeting. The total cash flow net of income
taxes in year 3 is: A. $61,000 B. $50,000 C. $41,000 D. $47,000
The journal entry to record the cost of warranty repairs that were incurred during the current period, but related to sales made in prior years, includes a debit to Warranty Expense
Indicate whether the statement is true or false
What item below is not an example of extrinsic rewards?
a. Self-praise b. Salary c. Paid vacations d. Acknowledgement from boss