Ultimate Business Study Guide - Questions & Answers

which of the following is an example of an automatic stabilizer? group of answer choices new environmental regulations increase the number of citizens out of work. social security taxes are raised. congress cuts taxes. economic growth increases budget surplus. congress increases the minimum wage.
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constable company reported the following information at december 31, year 1: accounts payable $ 4,600 accounts receivable 9,450 cash 24,490 common stock 91,000 equipment 50,500 inventory 32,200 notes payable due december 31, year 3 2,600 retained earnings, december 31, year 1 14,190 wages payable 4,250 what is the amount of current liabilities on the classified balance sheet?
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suppose that taggart transcontinental currently has no debt and has an equity cost of capital of 10%. taggart is considering borrowing funds at a cost of 6% and using these funds to repurchase existing shares of stock. assume perfect capital markets. if taggart borrows until they achieved a debt-to-value ratio of 20%, then taggart's levered cost of equity would be closest to:
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darrell is the owner of a furniture store. last year, his total revenue was $525,000 and his total labor costs were $200,000. his overhead expenses, including insurance and legal fees, were $175,000. the rent on his building was $45,000. darrell could earn $105,000 per year working at a nearby furniture distributor. from this information, we know that his economic profit was:
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question content area while some businesses have been granted charters under state laws, most businesses receive their charters under federal laws. true false
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the choices that a firm has for entering the international market include all of the following except: a. exporting. b. acquisition. c. licensing. d. leasing.
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a firm has net sales of $3,000, cash expenses (including taxes) of $1,400, and depreciation of $500. if accounts receivable increase over the period by $400, cash flow from operations equals:
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which of the following is a quality control approach that emphasizes the relentless pursuit of higher quality and lower costs? a. benchmarking b. six sigma c. quality circles d. continuous improvement e. cycle time
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for a loan with an ltv greater than 80 percent, the costs of mortgage insurance always exceed the costs of second lien financing. group of answer choices no answer text provided. no answer text provided. false true
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which pricing tactic involves dividing the market into regions and setting different delivery prices for each region? group of answer choices fob pricing zone pricing uniform delivered pricing delivery segmentation
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which sacrifice are boycotters likely to make? responses having their wages reduced having their wages reduced paying higher prices paying higher prices going to jail going to jail losing their reelection campaigns
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when an increase in the scale of production leads to higher average costs, the industry exhibits a. diminishing returns. b. increasing returns to scale. c. decreasing returns to scale. d. constant returns to scale.
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a company has the following financial information (in millions of $): what is the percentage increase in earnings from a 5% savings in materials purchasing?
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assume the cpi increases from 200 to 240 and a person's nominal income increases from $20,000 to $30,000 over the same period. this person's real income has
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Zortek Corp. budgets production of 400 units in January and 200 units in February. Each finished unit requires five pounds of raw material Z, which costs $2 per pound. Each month's ending inventory of raw materials should be 40% of the following month's budgeted production. The January 1 raw materials inventory has 130 pounds of Z. Prepare a direct materials budget for January. ZORTEK CORP Direct Materials Budget For Month Ended January 31 Budget production (units) Materials needed for production (bs ) Total materials requirements (bs.) Materiais to be purchased (lbs.) Total cost of direct materials purchases unts bs lbs. bs. lbs. ibs bs per b
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the financial statements of acme fund, a growth fund, reveal that total net assets decreased by 15% this year, when the fund's nav per share decreased by 7%. during this period, the investment adviser to the fund has reduced the growth stock allocation by 10% and increased the fund's cash holding by 10%. all of the following statements are true about this fund except the:
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three countries enter into an agreement to remove all tariffs and trade barriers between them. they decide on a common trade policy with regard to nonmembers. faced with political backlash, the countries stop short of allowing mobility of factors of production such as labor and capital. which of the following levels of economic integration best describes this arrangement?
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Which of the following best describes the concept of the time value of money?- Personal opportunity costs such as time lost on an activity.- Financial decisions that require borrowing funds from a financial institution.- Changes in interest rates due to changes in the supply and demand for money in our economy.- Increases in an amount of money as a result of interest earned.- Changing demographic trends in our societyIncreases in an amount of money as a result of interest earned
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a sales manager announces that all weekly sales reports must be submitted via e-mail, rather than hardcopy. however, some of the veteran staff members are still putting their reports in the manager's office mailbox. which of the following would be the least effective way of winning over those who are resistant to this change?
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mike is 10 years old. his family is evicted from their apartment due to nonpayment. his mother says that they are going to stay with his aunt until they can find another place to live. mike knows that the last time this happened; they had to stay in the homeless shelter for a week. due to this housing instability, mike has an increased risk of .
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on january 1, busy beaver, inc., signed a $315,000, 5-year note payable to buy a new industrial veneer cutter. busy beaver plans to use the machine for 10 years and then sell it for its scrap value of $5,000. using straight-line depreciation, depreciation expense for the 1st year ended december 31 equals . multiple choice question. $284,000 $31,000 $283,500 $31,500
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which of the following is a source of gaining wealth whereby corporate raiders either push companies to change their corporate strategy to one that will benefit stockholders, or charge a premium for stock when the company wants to buy it back? a stock option greenmail self-dealing on-the-job consumption risk capital
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The management of Wyoming Corporation is considering the purchase of a new machine costing $375,000. The company's desired rate of return is 6%. The present value factor for an annuity of $1 at interest of 6% for 5 years is 4.212. In addition to the foregoing information, use the following data in determining the acceptability in this situation:YearIncome fromOperationsNet CashFlow1$18,750$93,750218,75093,750318,75093,750418,75093,750518,75093,750The average rate of return for this investment is:A) 15%B) 10%C) 5%D) 25%
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What did the rejection of the league of nations the higher tariffs imposed by the fordney?
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