Ally manufacturing has an average accounts payable balance of $420,000. its average annual cost of goods sold is $10,220,000. it receives terms of 2/15 net 30 from its suppliers. is ally managing its accounts payables well? a. yes, since it, on average, chooses not to take the discount, but pays when payment is due. b. yes, since it, on average, takes the discount, and pays at the end of the discount period. c. yes, since it, on average, stretches payment beyond the due payment date. d. no, since it, on average, does not take advantage of the discount period and pays well before payment is due.

If the findings and the results are not presented properly, the research completed was a waste of time and money. true false

Suppose a firm faces a fixed price of output, 푝푝= 1200. the firm hires workers from a union at a daily wage, 푤푤, to produce output according to the production function 푞푞= 2퐸퐸12. there are 225 workers in the union. any union worker who does not work for this firm is guaranteed to find nonunion employment at a wage of $96 per day. a.what is the firm’s labor demand function? b.if the firm is allowed to choose 푤푤, but then the union decides how many workers to provide (up to 225) at that wage, what wage will the firm set? how many workers will the union provide? what is the firm’s output and profit? what is the total income of the 225 union workers? c.now suppose that the union sets the wage, but the firm decides how many workers to hire at that wage (up to 225). what wage will the union set to maximize the total income of all 225 workers? how many workers will the firm hire? what is the firm’s output and profit? what is the total income of the 225 union workers? [hint: to maximize total income of union, take the first order condition with respect to w and set equal to 0.]

After successfully completing your corporate finance class, you feel the next challenge ahead is to serve on the board of directors of schenkel enterprises. unfortunately, you will be the only person voting for you. the company has 375,000 shares outstanding, and the stock currently sells for $40, if there are four seats in the current election, how much will it cost you to buy a seat?