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Alpha Investments, Inc., offers to buy Beta Computer Corporation. On May 1, Beta gives Alpha copies of Beta’s financial statements for the previous year. The statements show an inventory of $1 million. On May 15, Beta discovers that the previous year’s inventory is overstated by $500,000, but does not inform Alpha. On June 1, Alpha, relying on the financial statements, buys Beta. On June 10, Alpha discovers the inventory overstatement. Can Alpha succeed in a suit against Beta for fraud?
Using our sample data, construct a 95% confidence interval for the mean salary difference between the genders in the population. How does this compare to the findings in week 2,
You are part of a group of newly hired team superintendents with Riordan Manufacturing. Your group was hired to lead new teams and begin production of the newly designed CardiCare Valve heart valves.
One of the most common mistakes by business owners is their inability to visualize their target customer. Specifically, business owners use "loose" terms and "general characteristics" to describe their customers. For the businesses that sell to consu..
Unmanaged change occurs when a project deviates from its planned scope. It's also known as variance. It can negatively impact the budget and schedule, or cause a project to fail in meeting its objectives. The Control Scope process helps you detect un..
A juarez, Mexico, manufacturer of roofing supplies has developed monthly forecasts for a family of products. Data for the 6-month period January to June are presented in the table below. There are 8 hours of production per day. Juarex has yet a sixth..
According to information found on the production analysis page of the Inquirer, Chester sold 1127 units of Cat in the current year. Assuming that Cat maintains a constant market share, all the units of Cat are sold in the Nano market segment and the ..
Kraft Bakeries introduced in 2016 a new line of frozen apple pie. For 2016, sales by quarter were as follows: 17,000 units; 22,100 units; 20,500 units; and 25,600 units. Because of aggressive marketing and promotion, the company expects that sales fo..
For the last six months, Jill has been with A&A Accounting, a multi-billion dollar entity. A&A has a high-level person responsible for their ethics compliance program who requires all personnel to view 20 hours of compliance videos. While on a flight..
Paradise Adventures just paid a dividend of $2.00. They are growing rapidly and are expecting to grow dividends at 20% for the next two years and then 10% in the third year before reducing the dividends to a constant growth rate of 3%. If the require..
When the accountant tried to collect, the vice president objected, asserting that the president exceeded his authority. The accountant filed a lawsuit against the vice president seeking payment. How should the court rule? Discuss fully.
The manager of a car wash must decide whether to have one or two wash lines. One line will mean a fixed cost of $6,000 a month, and two lines will mean a fixed cost of $10, 500 a month. Each line would be able to process 15 cars an hour. Variable cos..
What are the advantages and disadvantages of being a union member? Should employers agree to union contracts that limit their ability to to close a plant or send work overseas to save money?Are unions to blame for so many jobs moving overseas?
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