Ultimate Business Study Guide - Questions & Answers

1.Institutions that help to match one person's saving with another person's investment are collectively called theA.Federal Reserve system.B. banking system.C.monetary system.D.financial system.
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The depreciation method that does not use residual value in calculating the first year's depreciation expense is Oa straight-line Ob. sum-of-the-year digits Oc. units of activity Od double-declining balance
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An open-end mutual fund owns 1500 share of Krispy Kreme priced at $12. The fund also owns 1,000 shares of Ben & Jerry's priced at $43, and 2,000 shares of Pepsi priced at $50. The fund itself has 3,500 of its own shares outstanding. What is the NAV of a fund's share?
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Which type of bankruptcy is when a person sells all their assets to eliminate their debt? Chapter 6 Chapter 7 Chapter 11 Chapter 13
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CPI is used to figure all the following EXCEPTO Cost of LivingAggregate SupplyO Net ExportsO Aggregate Demand
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Which of these is a drawback ofentrepreneurialism?
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At a canning factory, new employees are instructed to wear a certain type of uniform while working around the canning machines. The description of the uniform is very detailed and specific. Which of the following kinds of standing plans is described in this scenario?NormsPurpose statementsPoliciesRules and regulations
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Which of the following recruitment strategies can help an organization reduce labor costs and improve customer service together with accessing top talent?A. offshoringB. resume databasesC. observationD. trade fairs
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T/F. steven is a sales rep for a large manufacturer. his boss has given him benchmarking statistics to track and then develop his sales targets for the quarter. steven is exercising an output control.
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a bond with exactly four years until maturity has a current yield of 7.58% and a simple yield of 6.27%. this bond is most likely trading at: group of answer choices a premium. par. a discount.
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match these scm procurement steps: group of answer choices negotiate [ choose ] remittance [ choose ] shipping [ choose ] invoicing [ choose ] qualify [ choose ] search [ choose ] p.o. [ choose ]
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staudinger argues that openness to experience is highly correlated with ego development, wisdom, and emotional complexity and that all of these characteristics _____ in people as they age.
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Suppose that you are a U.S.-based importer of goods from the United Kingdom. You expect the value of the pound to increase against the U.S. dollar over the next 30 days. You will be making payment on a shipment of imported goods in 30 days and want to hedge your currency exposure. The U.S. risk-free rate is 5.5 percent, and the U.K. risk-free rate is 4.5 percent. These rates are expected to remain unchanged over the next month. The current spot rate is $1.50. a) Indicate whether you should use a long or short forward contract to hedge currency risk. b) Calculate the no-arbitrage price at which you could enter into a forward contract that expires in three months. c) Move forward 10 days. The spot rate is $1.53 dollars per pound. Interest rates are unchanged. Calculate the value of your forward position.
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Based on the table, which of the following is an accurate statement about nonfarm sole proprietors in the industrial sectors shown?a. most professionals and scientists are sole proprietors. b. unemployment is greatest among workers in transportation and warehousing. c. many construction workers and real estate agents earn a living as sole proprietors. d. more workers are employed by sole proprietors in arts, entertainment, and recreation than by sole proprietors in retail trade.
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A vertical long-run Phillips curve is consistent witha.the classical idea of monetary neutrality, but it is not consistent with the conclusion of Friedman and Phelps.b.neither the conclusion of Friedman and Phelps nor the classical idea of monetary neutrality.c.the conclusion of Friedman and Phelps, but it is not consistent with the classical idea of monetary neutrality.d.both the conclusion of Friedman and Phelps and the classical idea of monetary neutrality.As aggregate demand shifts left along the short-run aggregate supply curve,a.unemployment is higher and inflation is lower.b.inflation is higher and unemployment is lower.c.unemployment and inflation are lower.d.inflation and unemployment are higher.
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Joanette, Inc., is considering the purchase of a machine that would cost $510,000 and would last for 5 years, at the end of which, the machine would have a salvage value of $61,000. The machine would reduce labor and other costs by $121,000 per year. Additional working capital of $7000 would be needed immediately, all of which would be recovered at the end of 5 years. The company requires a minimum pretax return of 17% on all investment projects. (Ignore income taxes.)Use Exhibit 13B-1 and Exhibit 13B-2 above to determine the appropriate discount factor(s).Required:Determine the net present value of the project. (Negative amount should be indicated by a minus sign. Round your intermediate calculations and final answer to the nearest whole dollar amount.)Net present value
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a. Equipment with a book value of $81,500 and an original cost of $168,000 was sold at a loss of $33,000. b. Paid $112,000 cash for a new truck c. Sold land costing $315,000 for $400,000 cash, yielding a gain of $85,000 d. Long-term investments in stock were sold for $90,700 cash, yielding a gain of $15,500 Use the above information to determine this company's cash flows from investing activities. (Amounts to be deducted should be indicated with a minus sign.) Cash flows from investing activities
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Question 1 (1 point) On May 1, 2022, Heineken Company had beginning inventory consisting of 300 units with a unit cost of $7. During May, the company purchased inventory as follows: 600 units at $7 900 units at $8 The company sold 1,500 units during the month for $12 per unit. Heineken uses the average-cost method. The average cost per unit for May is O $7.00. O $7.50.O $7.60. O $8.00.
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Sheffield Corporation issues 40000 shares of $100 par value preferred stock for cash at $110 per share. The entry to record the transaction will consist of a debit to Cash for $4400000 and a credit or credits to:O Preferred Stock for $4000000 and Retained Earnings for $300000.O Preferred Stock for $4000000 and Paid-in Capital in Excess of Par ValuePreferred Stock for $400000.O Paid-in Capital from Preferred Stock for $4400000.O Preferred Stock for $4400000.Preferred Stock for $4000000 and Paid-in Capital in Excess of Par ValuePreferred Stock for $400000.
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Smooth muscle found in the both the iris and ciliary muscle of the eye and arrector pili muscles in the skin is __________ smooth muscle.-single-unit-visceral-varicosity-controlled-multiunit
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Interest received from U.S. holdings of foreign assets and interest paid to foreigners for U.S. investment assets is recorded in the:A. official settlements accountB. capital and financial accountC. official dollar accountD. current accountE. official reserves account
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privity of contract refers to the fact that traditionally contracting parties alone have rights and liabilities under their contract. T/F
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Which of the following is one of the major outcomes of the Telecommunications Act of 1996 in the area of radio? A massive decrease in conglomeration A sharp increase in profitability for major radio corporations A rise in time spent listening to radio, especially among young people There are now fewer than 5,000 radio stations in the U.S. A massive increase in concentration and conglomeration
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which of the following would be an example of a current account transaction in a country's balance of payments?
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