Consider two very different firms, m and n. firm m is a mature firm in a mature industry. its annual net income and net cash flows are both consistently high and stable. however, m's growth prospects are quite limited, so its capital budget is small relative to its net income. firm n is a relatively new firm in a new and growing industry. its markets and products have not stabilized, so its annual operating income fluctuates considerably. however, n has substantial growth opportunities, and its capital budget is expected to be large relative to its net income for the foreseeable future. which of the following statements is correct? select one: a. firm m probably has a higher dividend payout ratio than firm n. b. if the corporate tax rate increases, the debt ratio of both firms is likely to decline. c. the two firms are equally likely to pay high dividends. d. firm n is likely to have a clientele of shareholders who want to receive consistent, stable dividend income. e. firm m probably has a lower debt ratio than firm n.

True or false: a smart store layout moves customers in and out as fast as possible. a) true b) false

The production manager of rordan corporation has submitted the following quarterly production forecast for the upcoming fiscal year: 1st quarter 2nd quarter 3rd quarter 4th quarter units to be produced 10,800 8,500 7,100 11,200 each unit requires 0.25 direct labor-hours, and direct laborers are paid $20.00 per hour. required: 1. prepare the company’s direct labor budget for the upcoming fiscal year. assume that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced. 2. prepare the company’s direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is not adjusted each quarter. instead, assume that the company’s direct labor workforce consists of permanent employees who are guaranteed to be paid for at least 2,500 hours of work each quarter. if the number of required direct labor-hours is less than this number, the workers are paid for 2,500 hours anyway. any hours worked in excess of 2,500 hours in a quarter are paid at the rate of 1.5 times the normal hourly rate for direct labor.

In 2000, campbell soup company launched an ad campaign that showed prepubescent boys offering soup to prepubescent girls. the girls declined because they were concerned about their calorie intake. the boys explained that “lots of campbell’s soups are low in calories,” which made them ok for the girls to eat. the ads were pulled after parents expressed concern. why were parents worried? i