Despite all the advances in statistics, computing power, and training for managers, many forecasts are still subject to substantial errors. What do you think if the biggest contributor to errors in forecast? What are three measures of forecast accuracy and which measure is the easiest to determine and which is the hardest
In “The Social Responsibility of Business Is to Increase its Profits,” what economic idea is the author alluding to by stating that the social responsibility of business is to increase profits? Explain. What does Friedman mean when he equates social responsibility to “taxation without representation?” Friedman states that the principle underlying the market mechanism is…
Economics Problem: Republicans and Democrats trying to make an agreement over raising the debt ceiling of the country can be looked at like a game of chicken. Let’s think about it as a game between Mr. Red and Mr. Blue. In a game of chicken, two players in their cars start at opposite ends of…
A leadership competency model is a performance standard or description of the characteristics of a competence performance against which a managers’ performance is measured, reviewed and evaluated (Asumeng, 2014). This model is also used to describe and identify the knowledge, skills and behaviors required to perform a particular role successfully while achieving the goals of…
Gul Corp. considers the following capital structure optimal: 40% debt, 50% equity, and 10% preferred stock. Guls bond currently sells in the market for $1150. The bond carries an annual coupon payment of 12% of the face value which is paid in two semiannual payments. The bond will mature in 15 years and it’s face…
QUESTION 1 No taxable income results from a stock split.QUESTION 2 A loss incurred on the sale of a personal residence is not deductible.QUESTION 3 If a taxpayer cannot specifically identify which shares of stock were sold, theaverage cost of all shares held is used as the adjusted basis of the sharesthat were sold.QUESTION 4…
Company paper:Riordan Manufacturing is a global plastics manufacturer employing 550 people with projected annual earnings of $46 million. The company is wholly owned by Riordan Industries, a Fortune 1000 enterprise with revenues in excess of $1 billion.Its products include plastic beverage containers produced at its plant in Albany, Georgia, custom plastic parts produced at its…
