Abank has book value of $5 million in liquid assets and $95 million in nonliquid assets. large depositors unexpectedly withdraw $9.5 million in deposits. to cover the withdrawals the bank sells all of its liquid assets at book value. to raise the additional funds needed the bank sells the necessary amount of nonliquid assets at 80 cents per dollar of book value. as a result, the bank's equity will

a. remain unchanged
b. fall $4.5 million
c. fall $3.6 million
d. fall $1.4 million
e. fall $5.0 million

Goals that are overly ambitious can discourage employees and decrease motivation, yet the idea of stretch goals is proposed as a way to get people fired up and motivated. as a manager, how might you decide where to draw the line between a “good” stretch goal and a “bad” one that is unrealistic?

You are an employee of an u.s. firm that produces personal computers in thailand and then exports them to the united states and other countries for sale. the personal computers were originally produced in thailand to take advantage of relatively low labor costs and a skilled workforce. other possible locations considered at that time were malaysia and hong kong. the u.s. government decides to impose punitive 100% ad valorem tariffs on imports of computers from thailand to punish the country for administrative trade barriers that restrict u.s. exports to thailand. how do you think your firm should respond? what does this tell you about the use of targeted trade barriers?

4. the condition requires that only one of the selected criteria be true for a record to be displayed.