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Comp XM Quiz 4 – Questions With Solutions

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Comp XM Quiz 4 – Questions With Solutions

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  • January 27, 2024
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  • 2023/2024
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Comp XM Quiz 4 – Questions With Solutions

Assuming no brokerage fees, calculate the amount of cash needed to retire
Baldwin's 11.1S2028 bond early. ✔️ Ans - a) $2,393,103 b) -$112,764 c)
$2,505,867

Your team has had several recent successes and, as a result, seems to be
developing into a rather cohesive group. Which of the following actions is
most likely to further enhance your team's cohesiveness resulting in
increased team performance? ✔️ Ans - a) Ensure that everyone has
input on overall project planning.
b) Have a team meeting where the people who contributed most to recent
team successes are individually recognized.
c) Plan project work to make each person's tasks more connected to their
teammates' tasks.
d) Divide team tasks into smaller assignments so each person can work
independently and more efficiently.

The Baldwin Company currently has the following balances on their
balance sheet:
Total Assets $169,432
Total Liabilities $68,228
Retained Earnings $89,853
Suppose next year the Baldwin Company generates $44,200 in net profit,
pays $12,000 in dividends, total assets increase by$55,000, and total
liabilities remain unchanged. What will ending Baldwins balance in
Common Stock be next year? ✔️ Ans - a) $98,551 b) $170,607 c)
$382,513 d) $34,151

Of Baldwin Corporation's products, which earned the lowest direct
material as a percentage of its sales? ✔️ Ans - a) Bold b) Bid c) Bat d)
Buddy

You are the IT manager for the Andrews Company. A large shipment of new
computers has just arrived. You notice that the inventory is short one
computer. The invoice, however, clearly states that all the computers
ordered were shipped. You suspect that one of your employees (Bill) has
something to do with the missing computer. Which of the following actions

, would be most effective in dealing with the missing computer? ✔️ Ans -
a) Send a letter to the computer distributor to document in writing that
there was a problem with the shipment.
b) Ask another employee who is close friend of Bill's to talk with him about
the issue and to report back to you. c) Rule out other explanations such as
an error by the computer distributor.
d) Call Bill into your office and ask him directly about the missing
computer.

How much would it cost for Chester Corporation to repurchase all its
outstanding shares if new brokerage fees totaled 1% of the underlying
transaction? ✔️ Ans - a) $87.6 million b) $85.9 million c) $89.4 million
d) $89.6 million

Refer to the HR Report section of the Inquirer. Chester will continue to keep
their current hourly levels of training in order to help reduce turnover and
improve productivity next year. How much must be spent per employee on
an hourly basis to maintain the current training commitment? ✔️ Ans -
a) $18 b) $20 c) $9,490 d) $32

Suppose you were hired as a consultant for a company that wants to
penetrate the Comp-XM market. This company wants to pursue a niche
differentiation strategy. From last year's reports, which company would be
the strongest competitor? ✔️ Ans - a) Chester b) Baldwin c) Digby d)
Andrews

The Baldwin company will increase its automation for the Buddy product
by 2.0. Assuming no further change in capacity, how much will this
investment in automation cost? ✔️ Ans - a) $19,200,000 b) $8,400,000
c) $16,800,000 d) $9,600,000

One of your colleagues spends a great deal of time planning her
interactions with people from different cultural backgrounds. Before she
talks with people from a different culture, she researches their culture,
tries to understand how it's both similar and different from her own, and
then tries to put herself "in their shoes" by testing how different
statements might make her feel if she were from their culture. Which of the
following views is MOST ACCURATE about her behavior with respect to
being culturally competent? ✔️ Ans - a) This type of cultural learning,

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