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Write a memo announcing no bonus.
You are the manager of a fi tness equipment manufacturing plant called Muscles Galore located in Gary, Indiana. The plant has been in operation for seven years. Over the years your employees have been very productive, and sales have been high. Therefore, Muscles Galore has been able to give generous holiday bonuses (usually more than $1,000) to all of its employees for the last five years.
This year, however, because of a slow economy, you will not be able to offer the holiday bonus. Although the workers have been very productive, fi tness equipment sales are down about 15% from last year. Your projections indicate that the economy is recovering, and sales should be up about 20% next year. If the projections are accurate, you should be able to offer the bonus again next year-but you won't make any promises.
Write a memo to your employees letting them know the bad news. Add details to make your message complete.
Elliot Karl is a 35-year old bank executive who has just inherit a large amount of money. Having spent several years in the bank's investment department, he is well aware of the concept of duration and decides to apply it to his bond portfolio..
Compute sustainable rate of growth and the total asset turnover is 1.40 and the equity multiplier is 1.50
Your car dealer is willing to lease you a new car for $389 a month for 60 months. Payments are due on the first day of each month starting with the day you sign the lease contract. If your cost of money is 4.9 percent, what is the current value of..
After all, any shareholder who wanted to maintain proportionate ownership might simply buy shares in the open market. Would a prohibition of the company selling new shares to its own management accomplish the same goal as preemptive rights?
Which of the following statements is NOT an objective of financial reporting? An increase in inventory balance would be reported in a statement of cash flows using the indirect method
Ziggs corporation will pay a $4.60 per share dividend next year. the company pledges to increase its dividend by 6.75 percent per year, indefinitely if you require a 11 percent return on your investment.
Determine the constant growth rate in dividends after four years that would justify the current market price.
youve taken out a loan for 24602 dollars. assuming that your loan has a 6 percent annual interest rate how much of your
What does a plot of the probability distribution of outcomes show a decision maker about an asset's risk?
assume that you are a consultant to morton inc. and you have been provided with the following data d1 1.00 p0 25.00
Suppose a State of New York bond will pay $1000 10 years from now. If the going interest rate on these 10-year bonds is 5.5%. How much is the bond worth today?
What is the expected return for the overall stock market? Round your answer to two decimal places.
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