The present value of $1,000 to be received in 10 years is _________ if the discount rate is 7.3%

This is the idea that people who own and manage corporations should be accountable for their action to society and the community in which the operate, rather than just focusing on making a profit. What is this concept called?

Using a numbered list, describe the following about the case based on the slide show: BUCKEYE CHECK CASHING V CARDEGNA 1. Key Term 2. Conflict description 3. Court ruled in favor of ___________ 4. Reason or Reasons for the ruling

This concept tries to discover what really happened in the dispute. Typically heard by lower courts. Ex: did someone really burn a flag rather than whether burning the flag is unconstitutional.

This clause in the US Constitution states that the government cannot force people to do something against their religion.  Employers must reasonably accommodate sincerely held beliefs

Prepare an income statement using the information given below. Make sure to identify gross profit, operating income, and net income. Inventories $50,000 Cost of Goods Sold $250,000 Administrative Expenses $50,000 Accumulated Depreciation $150,000 Sales $600,000 Depreciation Expense $25,000 Selling Expenses $150,000 Common Stock Dividends $8,000 Interest Expense $8,000 Corporate Tax Rate 40%

This type of law consists of all laws that outline how the courts enforce a person’s rights. For example: right to trial by jury, right to an attorney

The Final will cover chapters 9-12, 14, 15, 17.  You have 120 minutes to complete the exam. 

A firm that wants to know if it has enough cash to meet its bills would be most likely to use which kind of ratio?

This type of law consists of all laws that outline how the courts enforce a person’s rights. For example: right to trial by jury, right to an attorney