Acompany's value statement and code of ethics are the most important factors determining its reputation with customers, suppliers, employees, shareholders, and society at large. e. should always be made a prominent and visible part of the company's strategic intent and strategy. serve the valuable purpose of making its suppliers hesitant to engage in business practices that are unethical. to mold the culture and communicate what kinds of actions and behaviors are expected of all company personnel. prevent it from coming across to customers and the general public as greedy.

The board of directors is the highest ranking body in a corporation, and the chairman of the board is the highest ranking individual. the ceo generally works under the board and its chairman, and the board generally has the authority to remove the ceo under certain conditions. the ceo, however, cannot remove the board, but he or she can endeavor to have the board voted out and a new board voted in should a conflict arise. it is possible for a person to simultaneously serve as ceo and chairman of the board, though many corporate control experts believe it is bad to vest both offices in the same person. true false

Which of the following is least likely to a team solve problems together

Russell's is considering purchasing $697,400 of equipment for a four-year project. the equipment falls in the five-year macrs class with annual percentages of .2, .32, .192, .1152, .1152, and .0576 for years 1 to 6, respectively. at the end of the project the equipment can be sold for an estimated $135,000. the required return is 13.2 percent and the tax rate is 23 percent. what is the amount of the aftertax salvage value of the equipment assuming no bonus depreciation is taken