The finance department of Global Couriers decides that half of the previous year's profits should be reinvested into the business

The marketing department, however, plans to extend the company's services to five more cities, which would require additional investment. The department heads hold a meeting at the end of the quarter to discuss the company's strategies; the meeting is, however, adjourned when they realize that their opinions clash. Information silo, in this case, has led to ________.A) organizational inefficiency
B) loss of business
C) data duplication
D) increased expense

A

Business

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A firm generates sales of $250,000, depreciation expense of $50,000, taxable income of $50,000, and has a 35 percent tax rate. By how much does net cash flow deviate from net income?

A) $67,500 B) $82,500 C) $50,000 D) $17,500

Business

Conversion is using one person's funds to pay for another person's property.

a. true b. false

Business