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Exhibit 10 The Zeco Company's Industry Averages Are as Follows:
Net Profit

question 70

Multiple Choice

Exhibit 10.8
Use the Information Below for the Following Problem(S)
Zeco Company has the following financial statements for year ending 12/31/2008.
SalesCost of Goods SoldGross ProfitDepreciationOperating ExpensesAdministration Exp.Operating Profit 15,000Interest ExpenseProfit Before TaxesTaxesNet IncomeDividends1,000,000750,000250,000100,00070,00065,0008,0007,0002,8004,2003,200\begin{array}{c}\begin{array}{lll}Sales\\\text{Cost of Goods Sold}\\\text{Gross Profit}\\\text{Depreciation}\\\text{Operating Expenses}\\\text{Administration Exp.}\\\text{Operating Profit 15,000}\\\text{Interest Expense}\\\\\text{Profit Before Taxes}\\Taxes\\\\\text{Net Income}\\Dividends\\\end{array}\begin{array}{lll}&&&\end{array}\begin{array}{lll}1,000,000\\750,000 \\\hline 250,000 \\100,000 \\70,000 \\65,000\\\\\\8,000\\\hline7,000\\\\2,800\\\hline4,200\\3,200\end{array}\end{array}
AssetsCashAccounts ReceivableInventoryTotal Current AssetsNet Fixed AssetsTotal Assets50,000250,000325,000825,000450,0001,275,000LiabilitiesNotes PayableAccounts PayableTotal Current Liab.Long Term DebtCommon StockRetained EarningsTotal Liab. & Earnings250,000350,000800,000225,000200,00050,0001,275,000\begin{array}{c}\begin{array}{lll}\text{Assets}\\\text{Cash}\\\text{Accounts Receivable}\\\text{Inventory}\\\text{Total Current Assets}\\\text{Net Fixed Assets}\\\text{Total Assets}\\\\\\\end{array}\begin{array}{lll}\\50,000 \\250,000 \\325,000 \\\hline 825,000 \\450,000 \\\hline 1,275,000\\\\\\\end{array}\begin{array}{lll}\text{Liabilities}\\\text{Notes Payable}\\\text{Accounts Payable}\\\text{Total Current Liab.}\\\text{Long Term Debt}\\\text{Common Stock}\\\text{Retained Earnings}\\\text{Total Liab. \& Earnings}\\\\\end{array}\begin{array}{lll}250,000 \\350,000 \\\hline 800,000 \\225,000 \\200,000 \\50,000 \\\hline 1,275,000\end{array}\end{array}
The Zeco Company's industry averages are as follows:
Net Profit Margin = 4.5%; Total Asset Turnover = 0.8; Total Assets/Equity = 1.5
-Refer to Exhibit 10.8.Calculate the return on equity (ROE) for Zeco Company and the Industry.
Zeco Industry Average

Identify the environmental factors that create additional challenges in international negotiations.
Understand the complexities and challenges of cross-cultural negotiations.
Identify and analyze different strategies for negotiating across cultures.
Recognize the influence of culture on negotiation styles and outcomes.

Definitions:

Prestige

Social honor or respect seen as worth securing, often associated with a particular position or status within society.

Social Processes

The patterns of growth and change in a society over time, which influence and are influenced by human behavior.

Functions

The role or activity that something is expected to perform within a particular context.

Consequences

The results or outcomes of actions that may influence future events or behaviors.

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