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
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
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.