Discuss what factors will be involved in developing management teams for your business venture. What and who are the stakeholders?Discuss some of the characteristics of a “High-Performance culture”. How will you incorporate this type of culture into your business plan? Discuss some aspects of your organization (in terms of its structure) that will be mandatory for your new venture to succeed. How can we create […]

I have tried this question multiple times and I can’t get the right answer. The 2014 balance sheet of Jordan’s Golf Shop, Inc., showed long-term debt of $5.2 million, and the 2015 balance sheet showed long-term debt of $5.45 million. The 2015 income statement showed an interest expense of $170,000. The 2014 balance sheet showed $520,000 in the common stock account and $5.5 million in the […]

Landmark Corp. buys $410,000 of Schroeter Company’s 8% five-year bonds payable at par value on September 1. Interest payments are made semiannually. Landmark plans to hold the bonds for the five year life. The journal entry to record the purchase should include: A debit to Long-Term Investments-AFS $410,000. A debit to Short-Term Investments-Trading $410,000. A debit to Long-Term Investments-HTM $410,000. A debit to Short-Term Investments-AFS […]

To finance some manufacturing tools it needs for the next 3 years, Waldrop Corporation is considering a leasing arrangement. The tools will be obsolete and worthless after 3 years. The firm will depreciate the cost of the tools on a straight-line basis over their 3-year life. It can borrow $4,800,000, the purchase price, at 10% and buy the tools, or it can make 3 equal end-of-year lease […]

1. Which of the following is NOT a major reason for the growth in home-based businesses? a. Computerization b. lower productivity c. downsizing d. cocooning 2. In a retailing distribution network, you: a. sell only products to the consumer. b. sell both products and services to the consumer. c. would not operate out of your home. d. would sell to both consumers and businesses. 3. […]

1. A ______________________ channel is a method or way in which a producer makes a product or service available to the consumer. a. Marketing b. Delivery c. Distribution d. Production 2. Which of the following statements is INCORRECT? a. Marketing people often refer to the location decision as the “4th P” in the marketing mix. b. Wholesaling is an indirect channel option. c. Location is […]

Scenario Several years ago, Carlson Manufacturing moved to a larger production facility to accommodate its growing business. Instead of selling their old facility, they rented it to another firm and have been receiving rental income from the tenant. The tenant’s lease is getting ready to expire but instead of renewing the lease, Carlson has decided to take the building back and use it to manufacture […]

Assignment: Cost Behavior PatternsScenario Several years ago, Carlson Manufacturing moved to a larger production facility to accommodate its growing business. Instead of selling their old facility, they rented it to another firm and have been receiving rental income from the tenant. The tenant’s lease is getting ready to expire but instead of renewing the lease, Carlson has decided to take the building back and use […]

Please help understand this problem A firm has zero debt in its capital structure. Its overall cost of capital is currently 9%. The firm is considering a new capital structure with 40% debt. The interest rate of the debt would be 4% no matter what amount of debt is taken on. a.     Assuming that the corporate tax rate is 34%, what would be the firm’s cost […]

Please answer one of the following questions:  What is the relationship between property rights and economic progress? How important are anti-corruption efforts in the effort to improve a country’s level of economic development? You are a senior manager at a U.S. automobile company with the job of deciding whether to invest in production facilities in China, Russia, or Germany. These facilities will serve local market […]