A company manufactures rope, and the total cost of producing r r feet of rope is C ( r ) C(r) dollars. What does it mean to say that C ( 2000 ) = 800 ? C(2000)=800? What are the units of C ′ ( r ) ? C′(r)? Suppose that C ( 2000 ) = 800 C(2000)=800 and C ′ ( 2000 ) = 0.35 . C′(2000)=0.35. Estimate C ( 2100 ) , C(2100), and justify your estimate by writing at least one sentence that explains your thinking. Do you think C ′ ( 2000 ) C′(2000) is less than, equal to, or greater than C ′ ( 3000 ) ? C′(3000)? Why? Suppose someone claims that C ′ ( 5000 ) = − 0.1 . C′(5000)=−0.1. What would the practical meaning of this derivative value tell you about the approximate cost of the next foot of rope? Is this possible? Why or why not?

You are chairman of the board of a successful technology firm. there is a nominal federal corporate tax rate of 35 percent, yet the effective tax rate of the typical corporation is about 12.6%. your firm has been clever with use of transfer pricing and keeping money abroad and has barely paid any taxes over the last 5 years; during this same time period, profits were $28 billion. one member of the board feels that it is un-american to use various accounting strategies in order to avoid paying taxes. others feel that these are legal loopholes and corporations have a fiduciary responsibility to minimize taxes. one board member quoted what the ceo of exxon once said: “i’m not a u. s. company and i don’t make decisions based on what’s good for the u. s.” what are the alternatives? what are your recommendations? why do you recommend this course of action?

For each of the following users of financial accounting information and managerial accounting information, specify whether the user would primarily use financial accounting information or managerial accounting information or both: 1. sec examiner 2. bookkeeping department 3. division controller 4. external auditor (public accounting firm) 5. loan officer at the company's bank 6. state tax agency auditor 7. board of directors 8. manager of the service department 9. wall street analyst 10. internal auditor 11. potential investors 12, current stockholders 13. reporter from the wall street journal 14. regional division managers

Draw a flowchart for a process of interest to you, such as a quick oil-change service, a factory process you might have worked in, ordering a pizza, renting a car or truck, buying products on the internet, or applying for an automobile loan. identify the points where something (people, information) waits for service or is held in work-in-process inventory, the estimated time to accomplish each activity in the process, and the total flow time. evaluate how well the process worked and what might be done to improve it.