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Olegator [25]
3 years ago
15

Kristin is president of a corporation that operates a chain of clothing stores, and she faces the task of hiring a manager to re

place a man who retired from one of the stores. The former manager increased sales by 15 percent every year for the past five years. Kristin concludes that Roger Benson, a recent graduate of Wharton School of Business, will duplicate the former manager’s performance.
How do the following facts bear on Kristin’s argument?

a. The manager who retired was a graduate of Wharton.

b. The manager who retired liked tennis and drove a Jaguar, whereas Benson dislikes tennis and drives a BMW.

c. Unlike the manager who retired, Benson formerly managed a shoe store, where he increased sales 20 percent for each of the two years he was there.

d. A labor dispute has recently erupted in the store Benson will manage.

e. The manager who retired was an alcoholic, whereas Benson is a moderate drinker.

f. The government has approved a 10 percent increase in federal income taxes that takes effect at the beginning of the year.

g. Three additional stores owned by Kristin’s company are managed by recent Wharton graduates, and all three managers have increased sales by 18 percent for each of the past three years.

h. These three stores are located in the city’s three wealthiest suburbs.

i. The store Benson will manage is located in a neighborhood that has recently begun to decline.

j. Kristin changes her conclusion to state that Benson will increase sales by at least 10 percent for the first year.
Business
1 answer:
a_sh-v [17]3 years ago
6 0

Answer:

g. Three additional stores owned by Kristin’s company are managed by recent Wharton graduates, and all three managers have increased sales by 18 percent for each of the past three years.

Explanation:

Firstly, the former manager who retired increased sales by 15 percent every year for the past five years. Secondly, based on the performance of recent Wharton graduates, who were managers at three additional stores owned by Kristin's company and were able to perform better than this former manager who just retired by increasing sales by 18 for the past three years in their respective stores. Kristin can therefore conclude to higher Roger Benson to repeat the same stellar performance.

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Lew just purchased $67,600 of equipment that is classified as 5-year MACRS property. The MACRS rates are 20 percent, 32 percent,
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Answer:

The book value of this equipment at the end of four years if he ignores bonus depreciation $26,290.

Explanation:

Cost of property = $67,600

                           Balance    Depreciation

Year 1                  67,600         13520

Year 2                 54,080         17,306

Year 3                 36,774          7,061

Year 4                  29,713          3,423

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Answer:

front-line staff

Explanation:

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4 0
2 years ago
Select the incorrect statement regarding relevant costs and revenues. Group of answer choices Sunk costs are never relevant for
raketka [301]

Answer:

The incorrect statement regarding relevant costs and revenues:

To be relevant, a cost or revenue must not be future-oriented and must differ between the alternatives.

Explanation:

For a cost or revenue to be considered as relevant, it must be incurred or earned at a future time.  It must also differ between the options available for decision making.  A cost or revenue cash flow is relevant if it arises from a management decision and can be avoided.  This simply means that if the cost or revenue is not affected by management decision or does not make any difference in decisions, it is not relevant.

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-------------- -------------- --------------- -------------

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------------------ --------------- --------------- --------------

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----------------------- ----------------- ------------------ -----------------

3 0
3 years ago
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