Mc-queen chicken lenny decided to open a local franchise of the well-known mc-queen chicken, a fast-food restaurant. before he took the initiative to open the franchise, he tried to weigh all the advantages and disadvantages. he decided, based on his research and understanding, that it would be beneficial to open a local fast-food restaurant.
mc-queen has become quite successful domestically, and now it is exploring the possibility of opening franchises internationally. the company hired an international agency to it learn what and what not to do. after the agency met with the managers of mc-queen a few times, the mc-queen management decided they would go ahead with their decision to expand internationally.
the international agency advising mc-queen would have made which of the following recommendations?
a) be aware that less money is needed to fund international operations.
b) remember that strong local management is needed to keep an international franchise going.
c) plan for the local competition to be weak.
d) assume that customers everywhere need or want what the franchise offers.
e) expect hiring, training, and marketing practices to be identical in all countries.

Which of the following mechanisms would be most likely to motivate managers to act in the best interests of shareholders? a) decrease the use of restrictive covenants in bond agreements, b) take actions that reduce the possibility of a hostile takeover, c) elect a board of directors that allows managers greater freedom of action, d) increase the proportion of executive compensation that comes from stock options and reduce the proportion that is paid as cash salaries, e) eliminate a requirement that members of the board directors have a substantial investment in the firm's stocks

rural residential development company and suburban real estate corporation form a joint stock company. the longest duration a joint stock company can be formed for is

Lo.2, 3, 9 lori, who is single, purchased 5-years class property for $200,00 and 7-years class property for $420,000 on may 20, 2018. lori experts the taxable income derived form the business (without regard to the amount expensed under ⧠179) to be about $550,000. lori has determined that she should elect immediate ⧠179 expensing in the amount of $520,000, but she doesn’t know which asset she should completely expense under ⧠179. she does not claim any available additional first-year depreciation. a. determine lori’s total cost recovery deduction if the ⧠179 expense is first taken with respect to the 5-year class asset. b. determine lori’s total cost recovery deduction if the ⧠179 expense is first taken with respect to the 7-year class asset. c. what is your advice for lori? d. assume that lori is in the 24% marginal tax bracket and that she uses ⧠179 on the 7-year asset. determine the present value of the tax savings from the depreciation deductions for both assets. see appendix g for present value factors, and assume a 6% discount rate. e. assume the same facts as in part (d), except that lori decides not to use ⧠179 on either asset. determine the present value of the tax savings under this choice. in addition, determine which option lori should choose. f. present your solution to parts (d) and (e) of the problem in a spreadsheet using appropriate microsoft excel formulas. e-mail your spreadsheet to your instructor with a two-paragraph summary of your findings.