A cost-benefit analysis is a part of the detailed
a. operational feasibility study
b. schedule feasibility study
c. legal feasibility study
d. economic feasibility study
D
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Consider a firm that recently issued bonds. Further, consider that the firm also set up a bond sinking fund. Required:
a. Why would a firm create a long-term liability? b. Why would a firm set up a bond sinking fund? c. If a firm paid $10,000 into its bond sinking fund at the end of the year, how would this transaction be journalized?
Answer the following statements true (T) or false (F)
1. When unions are weak, a willingness to cooperate with management will probably be a very effective way to increase efficiency, equity and voice. 2. In the shareholder model of corporate governance, shareholder satisfaction should be the primary concern of a company. 3. Strong, institutionally secure unions are more likely to engage in militant, adversarial and potentially violent acts than weak, insecure unions. 4. A utilitarian and libertarianism ethics point of view is likely to see business' sole concern as profit generation rather than maximizing stakeholder interests 5. The view that the primary concern of business should be to maximize shareholder wealth is rooted in the belief that property rights should take precedence over other types of rights (e.g., human rights).
__________ is a set of beliefs and values shared by members of a given group.
a. Culture b. Beliefs c. Ethnicity d. Nationality
A company's income statement showed the following: net income, $124,000 and depreciation expense, $30,000. An examination of the company's current assets and current liabilities showed the following changes as a result of operating activities: accounts receivable decreased $9,400; merchandise inventory increased $18,000; and accounts payable increased $3,400. Calculate the net cash provided or used by operating activities.
A. $178,000. B. $118,000. C. $159,200. D. $123,200. E. $148,800.