| Chester earns $0.26 for each dollar invested by shareholders. | Review the Inquirer to determine Baldwin's current strategy. How will they seek a competitive advantage? From the following list, select the top five sources of competitive advantage that Baldwin would be most likely to pursue. | | Select: 5 | | Seek high automation levels | | Accept lower plant utilization and higher capacities to insure sufficient capacity is available to meet demand | | Offer attractive credit terms | | Increase demand through TQM initiatives | | Seek the lowest price in their target market while maintaining a competitive contribution margin | | Add additional products | | Reduce labor costs through training and recruitment | | Seek excellent product designs, high awareness, and high accessibility | | Seek high plant utilization, even if it risks occasional small stockouts | | Reduce cost of goods through TQM initiatives | Last year the Chester company increased their equity. In 2015 their equity was $49,131. Last year (2016) it increased to $55,160. What are causes of change in equity? Check all that apply. | | Select: 3 | | A change of plant and equipment of$9,580. | | A change in cash of $3,080. | | Issue and retirement of stock . | | Change in inventory of-$5,038. | | An accounts payable change of$1,765. | | A bond issue of$1,377. | | Plant Improvements of $9,580 | | A change in short term debt of-$4,478. | | Dividend payment of$6,489. | | Depreciation of -$41,287 | | Profits of $14,126 | Which mission statement best represents the Digby company? | | Select: 1 | | Providing value to our customers is why we get up in the morning. We accomplish this by offering products at a low price our customers can afford across a wide variety of market segments. | | Consistency and affordability are our goals. Our central mission is to offer dependable, low-price products that our customers can count on. | | Lasting innovation is our motivation. We build premium products that are elegantly designed to meet the needs of a variety of market segments. | | Innovation meets revolution. We create value for our customers through breakthrough designs that lead to unique high-performance products. | The Baldwin Company has just purchased $40,900,000 of plant and equipment that has an estimated useful life of 15 years. The expected salvage value at the end of 15 years is $4,090,000. What will the depreciation expense for this purchase (exclude all other plant and equipment) be for the second year of use? (Use FASB GAAP) | | Select: 1 | | $4,908,000 | | $2,726,667 | | $2,454,000 | | $5,453,333 | Every time your colleague faces a dilemma she is fond of saying, "I believe some principles cant be sacrificed for anything." She clearly favors which form of ethical guidance? | | Select: 1 | | Situational ethics | | Utilitarianism | | Universalism | Virtue ethics | | |
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