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The 2011 annual report for Philip Morris Companies, Inc., disclosed that 4 billion shares of common stock have been authorized. At the end of 2010, a total of 2,818,561,317 shares had been issued and the number of shares in treasury stock was 379,674,028. During the current year, no additional shares were issued, but additional shares were purchased for treasury stock and shares were sold from treasury stock. The net change was an increase of 5,217,286 shares of treasury stock.
Determine the number of shares outstanding at the end of the current year. (Amounts to be deducted should be indicated by a minus sign.)
What is the cause of disputes and the contractual means used for resolving them? What are the two major types of labor arbitration "interest" and "right"? Explain each.
Develop a PSA for Pancron customers. (Communicating a PSA on a commodity product is accomplished through the product labeling.) Use only the information provided in the case to answer this question.
Lottery winners are no happier than anyone else a year after their big win. Similarly, people who have experienced serious physical injuries seem to "get over it" fairly well across time and return to their pre-injury level of happiness. These findin..
Super K Beverage Company distributes a soft drink that has a constant annual demand rate of 4,600 cases. A 12-pack case of the soft drink costs Super K $2.25. Ordering costs are $20 per order, and inventory-holding costs are charged at 25 percent of ..
Write a paper of no more than 1,400 words that evaluates alternatives an organization must consider to realize growth.
The time-series data (beginning with the oldest data) of the monthly sales (in $000s) at a department store for the last 6 months are: 85, 98, 112, 88, 102, and 98. What is the forecast for the current month using a 4-month moving average techniqu..
What are the key components of an internal audit? What are the implications of having a thorough understanding of each? Using your firm (or a firm that you familiar with), select a significant company resource (such as engineering capability, or supp..
Perform a financial analysis for a project. Assume the projected costs and benefits for this project are spread over four years as follows: Estimated costs are $200,000 in year 1 and $30,000 each year in years 2, 3, and 4. Estimated benefits are $0 i..
In a given period demand for an item is equally likely to be any value between 100 and 199 units. Each unit of the item costs £75 and can be sold for £100. At the end of the period all unsold stock is passed to a recycler who pays £25 a unit. How man..
An employee involved in a serious work accident who refuses to take an immunoassay test based on her belief in the right to privacy h) The recommendation of the union that management be given the same tests as workers.
Take a position: TV advertising has faded in importance when compared to other advertising venues versus TV advertising is still the most powerful advertising medium. Regardless of your position, address whether your position this remains the same wh..
Identify and describe two major issues that have recently surfaced in the public sector. Take a position on whether these issues will influence the services of public goods and explain your position.
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