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# Fundamentals of Financial Management Beijing Institute of Technology GRADE SHEET HOMEWORK 01 Student NAME: ID: Problem...

## Question

###### Fundamentals of Financial Management Beijing Institute of Technology GRADE SHEET HOMEWORK 01 Student NAME: ID: Problem...

Fundamentals of Financial Management Beijing Institute of Technology GRADE SHEET HOMEWORK 01 Student NAME: ID: Problem Problem Statement Answer Points Grade The front desk receptionist routinely takes an extra 20 minutes of lunch to run personal errands. Division managers are padding costs estimates to show short term efficiency cost gains when the cost come in lower than the estimates. The firm's chief executive officer has secret talks with a competitor about the possibility of a merger in which (s) he would become CFO of the combined firms. A branch officer lays off experienced full-time employees and staffs customer service positions with part-time I-d for temporary workers to lower employment costs and raise this year's branch profit. The manager's bonus is based on profitability TOTAL Homework 01 Grade Sheet of 1

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