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Robert Was Extremely Embarrassed

question 62

Essay

Robert was extremely embarrassed.He was giving a presentation on the research findings to the senior executives of the company.The CEO of the company stopped him in the middle of the presentation and said,"This is not what I asked for or needed.This meeting is over.Reschedule the meeting when you're prepared." What do you suppose could have gone wrong,and what should Robert do?


Definitions:

Net Income

The total profit of a company after all expenses, including taxes and operating costs, have been deducted from total revenue.

Depreciation

A method of allocating the cost of a tangible asset over its useful life, reflecting its consumption, wear and tear, or obsolescence.

Market Value

The existing cost for acquiring or selling an asset or service in the unrestricted market.

Indefinite-Lived Intangible

An intangible asset that has no foreseeable limit on the period over which it is expected to contribute to the cash flow of a business.

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