1 which of the following statements is correct with regard, Ask an Expert

Finance

1. Which of the following statements is correct with regard to ESOPs:

a. ESOPs don't improve worker productivity nor help pevent hostile takeovers

b. ESOPs help prevent hostile takeovers but don't help to improve worker productivity

c. ESOPs help imporve worker productivity, but do not help prevent hostile takeovers.

d. ESOPs help pevent hostile takeovers, and also help improve worker productivity

e. None of the above

2. Duke's Auto Parts has a beginning receivables balance on January 1st of $398. Quarterly sales for the year are $427, $502, $479, and $525, starting with the first quarter. The accounts receivable period is 60 days. How much did the firm collect in the second quarter? Assume a 360-day year.

$464.50

$458.50

$479.50

$452.00

$477.00

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92811398

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