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Practice
1. Below are three line items from a corporation's Income Statement (note: this is NOT the entire Income Statement!). Select the correct line to use and compute the federal tax.
Sales: $335,000
Cost of Goods Sold: $225,000
Net Profit Before Tax: $ 97,000
2. Can you think of a reason financial managers could be tempted to manage earnings?
Is it unethical for managers to manage earnings if they disclose their activities to investors?
Find at least one reference from your book or another source to support each answer.
3. What are the potential risks to a company of unethical behaviors by employees?
What are potential risks to the public and to stakeholders?
Prepare a direct labor budget for the upcoming year that shows the budgeted direct labor cost for each department and for the company as a whole.
In a distributive strategy, usually each side will include more items on its opening list than it really cares about in order to have something it can give away.
According to the video? clip, Which MBTI personality trait describes these? tendencies?
What would be the new efficiency and utilization rates? What determines what a good efficiency and utilization rate is?
What specifically does the Sarbanes-Oxley Act state and what did it accomplish? Please reference external sources on this act and discuss a company that has been affected by it.
What is the difference between an entrepreneur and small business manager? What are the most important traits of a successful entrepreneur?
Deming preached the importance of top management leadership, customer-supplier partnerships, and what else that is important to a company?
explain the difference between an ethical dilemma and an ethical decision. then provide an example of each. describe an
Identify the journal of the professional association in the student's field of study and Write a journal abstract of an article.
When looking at potential projects, How will the project imrove the supply chain? Develop focus factories or work cells to streamline the production process. This will regurie the breakdown of the plant into product line specific "mini" plants. Inven..
Your CEO wants to develop specific criteria to select vendors for office supplies, equipment, etc. and has asked you to investigate selection criteria. Recommend specific criteria (no less than 5 elements) and explain why each element is needed.
In what two locations can a chart be placed in an Excel file? What is the difference between the chart area and the plot area? When would you use a pie chart? When would you use a bar chart? Under what circumstances would you use a chart instead of p..
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