In measuring value, the firm's focus should be on:
A) cash flow.
B) accounting profits.
C) time value of money.
D) earnings per share.
A
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Nicole and other managers in her firm have some ties to Europe and are investigating opportunities for global expansion. They are struggling to understand the risks, given the complexity of world markets today and recent global instabilities. The difficulty Nicole's team is facing prevents perfectly rational decision making, and is an example of
A. risk aversion. B. bounded rationality. C. groupthink. D. defensive avoidance. E. anchoring and adjustment.
Contrast internal and external auditing
Dawson Electronic Services had revenues of $80,000 and expenses of $50,000 for the year. Its assets at the beginning of the year were $400,000. At the end of the year assets were worth $450,000. Calculate its return on assets.
A. 20.0%. B. 7.1%. C. 7.5%. D. 18.8%. E. 6.7%.
Which of the following statements about referrals is true?
A. It would be inappropriate to try to enact the referral cycle during the sales presentation. B. All salespeople ask for customer referrals. C. Salespeople should work on obtaining referrals when they are not engaged in selling activities. D. Salespeople must sell the product, plus sell the prospect on providing referrals. E. The referral cycle consists of three steps.