Peter is a 20-year-old college student. His AGI consists of $12,000 interest and dividend income from a trust fund and $4,180 of wages from a part-time job. Compute Peter's maximum IRA contribution:
A. $6,000
B. $0
C. $4,180
D. $3,000
Answer: C
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Which of the following is not a reason for an organization to pursue or embrace corporate social responsibility?
a. It can make money for a firm. b. It is an ethical/moral thing to do. c. Firms might be able to charge a premium price for their products. d. It is the law.
How does pull-through production help minimize inventories in a just-in-time operating environment?
a. Products are made in anticipation of customer demand. b. Products are made only when customer orders are received. c. Products are made in large production runs. d. Products are made identically.
The use of an international product structure
A. often has a group of managerial specialists in an international division, who have authority over the product divisions. B. has domestic product divisions responsible for the worldwide operations such as marketing and production of products under their control. C. helps to avoid duplication of area experts. D. represents a sharp move away from pre-export department times. E. often suffers from a duplication of product experts.
Which of the following is true about vertically integrated companies?
a. They are able to eliminate all constraints b. The products produced by the company are always unique c. They are not dependent on suppliers for timely delivery d. They have steps in the value chain operating at peak efficiency