The consumer price index tracks the change in price over time of a "market basket" of goods and services.
Answer the following statement true (T) or false (F)
True
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Teams are clearly ______.
a. semiautonomous b. self-directed c. management-directed d. undirected
Which of the following best describes the internal rate of return?
A) interest rate that makes the net present value of the investment equal to zero B) discount rate that is used to evaluate funds borrowed from a lender for profitability C) the ratio of average annual income to average amount invested D) the rate at which the profitability of an investment increases
Using the modified DuPont formula allows the analyst to break Dana Dairy Products return on equity into 3 components: the net profit margin, the total asset turnover, and a measure of leverage (the financial leverage multiplier)
Which of the following mathematical expressions represents the modified DuPont formula relative to Dana Dairy Products' 2013 performance? (See Table 3.2) A) 5.6(ROE) = 2.5(ROA) × 2.22(Financial leverage multiplier) B) 5.6(ROE) = 3.3(ROA) × 1.70(Financial leverage multiplier) C) 4.0(ROE) = 2.5(ROA) × 2.00(Financial leverage multiplier) D) 2.5(ROE) = 5.6(ROA) × 2.22(Financial leverage multiplier)
Michael has a credit limit and a balance of $3,000 on his Visa card. His car broke down, he charged the $500 repairs to his Visa which he knows put him over his credit limit for the month
His payment is due on the 20th so he made sure that he had his $750 payment to the post office on the 20th. Most likely, what penalties or fees, if any, will he incur? A) Only the penalty APR, depending on his credit card company. B) Only the over-the-limit fee. C) Only the late fee, since his payment will lower his balance below his credit limit. D) He will likely incur the penalty APR, as well as an over-the-limit fee and a late fee—because VISA has to receive his payment in its office by the 20th, not have it postmarked by the 20th. E) None of the above choices accurately describes the situation.