4. Which one of the following actions does not result in higher levels of PAT productivity in assembling cameras or drones?

Increasing the assembly quality incentive paid to PATs

Increasing the annual bonus for perfect attendance paid to camera/drone PAT members from $800 to $875

Reducing the number of camera/drone models being assembled

Maintaining a total compensation package that is above the industry average total compensation package (to minimize labor costs)

Reducing annual expenditures to train camera/drone PATs in best practice assembly methods (because the time spent in training reduces the time available for assembling units)

5. Which one of the following actions helps increase a company's image rating/brand reputation?

Achieving market share gains in one or more camera/drone segments

Paying camera/drone PAT members attractively high total annual compensation packages, thereby enabling them to enjoy a standard of living well above the Taiwan average

Using environmentally friendly camera components and recycled materials for manuals and packaging for the company's action cameras

Increasing the credit rating of the company's UAV drones

Charging camera retailers an average wholesale price that is typically 10% or more below the highest price being charged in the region

7.Which one of the following results from the latest decision round is LEAST important in providing guidance to company managers in making strategic moves and decisions to improve their company's competitiveness and rank among the top-performing companies in the current decision round?

Each company's performance on EPS, ROE, stock price, credit rating, and image rating displayed on the pp. 2 and 3 of the Camera & Drone Journal

The industry-low, industry-average, and industry-high benchmarks on pp. 6-7 of each issue of the Camera & Drone Journal

The financial statement data shown on page 5 of the Company Operating Reports

The data presented in the Comparative Competitive Efforts of Rival Companies for each geographic region contained in the Competitive Intelligence Report

The information concerning the company's market segment performance for both AC cameras and UAV drones found on pages 3 and 4 of the Company Operating Report

8. Which one of the following is not an advantage or disadvantage of shifting to robotics-assisted camera assembly methods?

If borrowing is used to partly or wholly finance the cash outlays required to pay for robotics upgrades, the company will incur higher interest costs until the borrowed funds are repaid.

Installing robots at each camera workstation raises the administrative costs per camera produced.

The capital cost of converting to robot-assisted camera assembly results in higher annual depreciation costs in producing/assembling cameras.

Robot-assisted camera assembly reduces total annual compensation costs per camera PAT.

Installing robots at each camera workstation enables the size of PATs to be cut by one member.

9.If a company earns net income of $48 million in Year 8, has 20 million shares of common stock outstanding, pays a dividend of $1.00 per share, and has annual interest costs of $10 million, then

the company's retained earnings for the year would be $18 million (net income of $48 million less dividend payments of $20 million less interest costs of $10 million) and its earnings per share would be $2.40.

the company's retained earnings for Year 8 would be $38 million (net income of $48 million less interest payments of $10 million) and its earnings per share in Year 8 would be $1.90 ($38 million divided by 20 million shares of common stock).

the company's EPS for Year 8 would be $2.40 and its retained earnings for Year 8 would be $28 million (net income of $48 million less dividend payments of $20 million); at the end of Year 8, the $28 million addition to retained earnings would cause shareholders' equity investment to increase by $28 million.

the company's retained earnings for the year would be $38 million (net income of $48 million less $10 million in interest payments) and the company's earnings per share would be $2.40.

the company's retained earnings for Year 8 would be $18 million (net income of $48 million less dividend payments of $20 million less interest costs of $10 million) and its earnings per share would be $0.90 ($18 million in retained earnings divided by 20 million shares of common stock).

.