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The CEO of a telephone company has been under public pressure from city officials to fix the large number of of public pay phones that do not work. The company's repair people complain that the problem is vandalism and damage caused by theft of coins from coin boxes--particularly in high crime areas in the city. The CEO says she wants the problem solved and has pledged to city officials that there will be substantial improvement by the end of the year. To ensure that this is done, she makes the managers in charge of installing and maintaining pay phones responsible for increasing the percentage of public pay phones that are fully functional. Describe actions that managers might take to show improvement in the performance measure but which do not actually lead to improvement in the organization's overall performance.
Gemstone Corporation has a sales budget for next month of $600,000. Cost of goods sold is expected to be 30 percent of sales. All goods are purchased in the month used and paid for in the month following purchase.
The effect of these events and transactions on 2010 income from continuing operations net of tax would be:
hurlex company produces a single product. last yarhurlex manufactured 15000 units and sold 12000 units. production
Watters umbrella corp issued 12 year bonds 2 years ago at a coupon rate of 7.8%. The bonds make semiannual payments. If these bonds currently sell for 105% of par value, what is the YTM?
Describe accounts receivable and how they occur and are recorded
At Flint Company's break-even point of 9,000 units, fixed costs are $180,000 and variable costs are $540,000 in total. The unit sales price is:
Flint Company purchased $4,000 of merchandise on account. Flint sold the merchandise to a customer for $7,000 cash. What is the increase in gross margin and the net change in cash flow from operating activities as a result of these transactions?
.assume a manufacturer incurs 2000000 hours of direct productive labor in a year at a total direct labor cost of
why do corporations buy back their own stock?what does it tell you about the corporation?what effect does the purchase
Ikerd was entering the United States from a trip abroad when the Customs Service confiscated some goods she had purchased and brought back with her. The determination of whether the government is attempting to take property and what type of hearin..
hrabik corporation issued 600000 9 10-year bonds on january 1 2011 for 562613.this price resulted in an
On February 4, Cinderella Rocks Inc., a marble contractor,issued for cash 30,000 shares of $20 par common stock at $64, and on March 31, it issued for cash 18,000 shares of $75 par preferred stock at $90.
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