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During 2021, Raines Umbrella Corporation had sales of $650,000. Cost of goods sold, administrative and selling expenses, and depreciation expenses were $450,000, $95,000, and $150,000, respectively. In addition, the company had an interest expense of $88,000 and a tax rate of 21 percent. (Ignore any tax loss carryforward provisions and assume interest expense is fully deductible.)
Suppose the company paid out $52,000 in cash dividends. If net capital spending and net working capital were both zero, and if no new stock was issued during the year, what is the net new long-term debt? (Do not round intermediate calculations.)
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i. As the store manager, it is up to you to explain Contracts 101 to the brothers. What arguments can you make for why your store should not have to sell them a $2,250.00 TV for $22.50? Explain. ii. Could Best Buy be liable when the brothers sue ..
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If Coke was to re-enter into the Cuba Market. What entry mode strategy should the company choose and why? How would you market the product to your target market in the country? (Think of themes, branding, names, packaging, and advertising)
What are the aspects of a diverse organization that might benefit a manager wanting to promote positive social change? What might any challenges be?
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