Practice Test: Xerox Financial Pressure and Turnaround Choices
Practice test on Xerox’s financial signals, stakeholder communication, and decision process in the A case.
6 questions · pass mark 50% · try 5 free
1 What loss amount did CFO Romeril review in the earnings announcement discussion? Enter the number in millions of dollars.
Romeril reviewed an earnings announcement that included $235 million in losses.
2 To what level did the board cut Xerox’s quarterly dividend?
- 20 cents
- 15 cents
- 10 cents
- 5 cents
The board reduced the quarterly dividend from 20 cents to 5 cents.
3 How much annual savings was the dividend cut expected to generate? Enter the number in millions of dollars.
The case says the dividend cut was expected to save about $400 million a year.
4 Mulcahy believed Xerox should use different agendas for shareholders, customers, and employees depending on the audience.
- True
- False
She argued for the same agenda every time Xerox spoke to shareholders, customers, or employees until it was out of danger.
5 What did Mulcahy do before drawing her own conclusions about Xerox’s course?
- She immediately announced layoffs
- She asked each person at the table for recommendations
- She delegated the decision entirely to the board
- She focused only on the SEC investigation
The case notes that she went around the table and asked each person for recommendations on which course Xerox should follow.
1 more question in this test
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