Which of the following types of storage equipment provides document security to all records except the documents stored on either side of the one aisle that is accessible at any given time?

A. Power filing equipment
B. Vertical rotary file
C. Mobile filing equipment
D. Structural power file


C

Business

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Which statement concerning semantics is incorrect?

a. Words in the English language may have multiple or contradictory meanings. b. Semantics is the study of the meaning of words. c. Differences in the meanings of words are often lost in translation. d. All words in the English language have counterparts in other languages.

Business

Stanziano Construction needs a backhoe to complete a project. If it pays Hofmann Rentals for temporary use of the equipment, the transaction will be governed by

a. Article 2 of UCC. b. Article 2A of the UCC. c. Article 3 of the UCC. d. bulk transfer law.

Business

Fragile products that require special handling are more likely to be distributed through

A. longer channels. B. shorter channels. C. indirect channels. D. strategic alliances. E. exclusive outlets.

Business

Lindsey Insurance Co has current sales of $10 million and predicts next year's sales will grow to $14 million

Current assets are $3 million and fixed assets are $4 million. The firm's net profit margin is 7 percent after taxes. Presently, Lindsey has $900,000 in accounts payable, $1.1 million in long-term debt, and $5 million (including $2.5 million in retained earnings) in common equity. Next year, Lindsey projects that current assets will rise in direct proportion to the forecasted sales, and that fixed assets will rise by $500,000. Lindsey also plans to pay dividends of $400,000 to common shareholders. a. What are Lindsey's total financing needs for the upcoming year? b. Given the above information, what are Lindsey's discretionary financing needs?

Business