On february 2, phillips induced mallor to purchase from her fifty shares of stock in the xyz corporation for $10,000, representing that the actual book value of each share was $200. a certificate for fifty shares was delivered to mallor. on february 16, mallor discovered that the february 2 book value was only $50 per share. thereafter, mallor sues phillips. will mallor be successful in a lawsuit against phillips? why?

What are the general categories of capital budget scenarios? describe the overall decision-making context for each.

Cash flows during the first year of operations for the harman-kardon consulting company were as follows: cash collected from customers, $385,000; cash paid for rent, $49,000; cash paid to employees for services rendered during the year, $129,000; cash paid for utilities, $59,000. in addition, you determine that customers owed the company $69,000 at the end of the year and no bad debts were anticipated. also, the company owed the gas and electric company $2,900 at year-end, and the rent payment was for a two-year period.

Based on what you learned about time management which of these statements are true