On the Job You Are More Likely to Be Taken

question 93

Multiple Choice

On the job you are more likely to be taken seriously and to be promoted if you

• A) look and sound professional.
• B) frame your degree or certificate and hang it on your office or cubicle wall.
• C) appear to be busy even when you're not really doing anything.
• D) attend office parties.

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Definitions:

Marginal Tax Rate

The rate at which your last dollar of income is taxed, representing the percentage of tax applied to your income for each tax bracket in which you qualify.

Salvage Value

An asset's expected selling price once it has concluded its period of usefulness.

Sunk Costs

Past expenditures that have already been incurred and cannot be recovered.

Incremental Cash Flows

The extra cash flow from operations generated by a company when it embarks on a new project.