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How does explicit communication differ from implicit communication? Identify two cultures, one explicit and the other implicit, and describe how one would go about conveying the following message in each of the two cultures you identified: "You are try very hard, but you are still making too many mistakes."
Assume that Armstrong has only two capitalization alternatives An all equity capital structure with $400 million of stock or $200 million of 11% debt plus 200 million of equity. Calculate the ROE and TIE for each alternative at each EBIT level. Discu..
You have computed all of the liquidity ratios for a company, and each of them appears to be close to or better than the industry averages. What other information would you want before you made a final assessment of the company's short-term debt payin..
Price of common stock of a corporation in market is $60 per share and purchase of each share gives the buyer as subscription right. What would be the approximate theoretical value of the right if the company is currently selling common stocks rights ..
McDowell Industries sells on terms of 3/10, net 30. Total sales for the year are $540,500; 40% of the customers pay on the 10th day and take discounts, while the other 60% pay, on average, 54 days after their purchases. What is the average amount of ..
Why not invest the money used to acquire the stock in capital expenditures for additional fixed assets?
Stock Y has a beta of 1.40 and an expected return of 14.2 percent. Stock Z has a beta of .85 and an expected return of 10.7 percent.
You want to borrow 40,000 to buy a landcruiser. How much is the monthly payment amount for the next 48 payments?
Travis, Inc., has sales of $387,000, costs of $175,000, depreciation expense of $40,000, interest expense of $21,000, and a tax rate of 35 percent. What is the net income for the firm?
The common stock of the Avalon Corporation has been trading in a narrow range around $40 per share for months, What was your net profit on the strap?
State and local governments are NOT required by law to balance their budgets each year. The sales tax is the most progressive tax in the United States.
Pay is stressed in several of the cases and some of the content in the reading. How much influence do pay differentials between employees at different levels have on commitment, cohesiveness and relationships within an organization?
Evaluate the level of the impact that political influence has exerted upon the budgetary process overall. Suggest three to four (3-4) strategies that the managers could deploy in order to influence the budget process.
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