If a board of directors brings in an outsider to lead the company,what message is it sending to the shareholders and employees?
A) None of the internal candidates is proficient. B) The old way of doing things is going to change. C) The performance review process is inadequate. D) The internal candidates are all new as well.
Beltram Corporation's balance sheet and income statement appear below: The company did not dispose of any property, plant, and equipment, issue any bonds payable, or repurchase any of its own common stock during the year.The company declared and paid a cash dividend of $13. Required: Prepare a statement of cash flows in good form using the indirect method.
(Ignore income taxes in this problem.) Bau Long-Haul, Inc., is considering the purchase of a tractor-trailer that would cost $281,656, would have a useful life of 7 years, and would have no salvage value.The tractor-trailer would be used in the company's hauling business, resulting in additional net cash inflows of $76,000 per year.The internal rate of return on the investment in the tractor-trailer is closest to:
A) Cities recover from economic recessions. B) Corporations recover from overseas competition. C) The federal government cope with huge deficits. D) Animal food producers raise capital to compete internationally. E) Insurance companies recover from natural disasters.