If a sales manager asks her subordinates to falsify their sales numbers and justifies it by saying, “The end justifies the means,” she is likely making an argument that ______.
a. lying is essentially a victimless crime
b. the company must do anything it can to succeed in the marketplace
c. helping her subordinates do well justifies the minor ethical issue with lying
d. loyalty is no excuse for poor work performance
b. the company must do anything it can to succeed in the marketplace
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The activity on the balance sheet to be presented in the financing activities section of the statement of cash flows is based on an analysis of stockholders' equity only
Indicate whether the statement is true or false
Which of the following is/are true?
a. A derivative is a financial instrument whose value changes in response to changes in an underlying observable variable, such as a stock price, an interest rate, a currency exchange rate, or a commodity price. b. Unlike equity securities, which have no definite settlement date, firms settle a derivative at a date that the terms of the instrument specify. c. A derivative requires an investment that is small, relative to the investment in a contract that is similarly exposed to changes in market factors, or requires no investment at all. d. Firms use derivative instruments to hedge the risks that arise from changes in interest rates, foreign exchange rates, and commodity prices. e. all of the above
A key part of projecting a professional image is using positive speech patterns including grammar and sentence structure
Indicate whether the statement is true or false.
In order to fertilize his vegetable farm, John, a farmer, needs to choose from two fertilizers: Nitro Plus and Phosphate Max. Each bag of Nitro Plus costs $7 and contains 8 pounds of nitrogen and 6 pounds of phosphate. Each bag of Phosphate Max costs $9 and contains 4 pounds of nitrogen and 8 pounds of phosphate. John’s vegetable farm requires at least 32 pounds of nitrogen and 48 pounds of phosphate. (Assume fractions of a bag are allowed). At the optimal solution, what is the amount of phosphate from the Nitro Plus brand?
a. 9.60 b. 12.35 c. 17.65 d. 11.55