Answer:
Foley will probably win because he didn't do anything wrong, and he had an implied employment contract with Interactive that stated that he could be fired only after a seven step pre-termination procedure. The handbook guidelines that were given to Foley represent the implied contract, and management assured him that that his performance was adequate.
Answer:
cash flow used by financing activities (92,600)
Explanation:
<u>Financing activities:</u> loan taken and principal payment. It also includes stock transactions.
proceeds from issuance of common stock 151,300
purchase of treasury stock (47,300)
dividends payment (89,800)
redemption of bonds <u> (106,800) </u>
cash flow used by financing activities (92,600)
The land and building transaction represent investing activities. So we ignore them from the calculation.
Answer:
The firm will produce <u>6.00</u> units of output.
Explanation:
From the question, we have:
MC(q) = 6 + 2q ……………… (1)
P = $18 ………………………. (2)
For any firm, profit is maximized when MC = P. To determine the level of output (q) the firm will produce, we therefore equate equations (1) and (2) and solve for q as follows:
6 + 2q = 18
2q = 18 - 6
2q = 12
q = 12 / 2
q = 6.00
Therefore, the firm will produce <u>6.00</u> units of output.
Answer: profitability index
Explanation: When potential capital investment of different size are compared, management should choose the one with the:
Highest profitability index.The Profitability Index (PI) measures the ratio between the present value of future cash flows and the initial investment. The index is a useful tool for ranking investment projects and showing the value created per unit of investment.