Eighty percent of McDonald's restaurants are located globally in more than 20 countries
Indicate whether the statement is true or false
FALSE
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Three percent of the customers of a mortgage company default on their payments. A sample of five customers is selected. What is the probability that exactly two customers in the sample will default on their payments?
A. 0.0003 B. 0.0082 C. 0.0077 D. 0.0008
Firms do not need to consider post-consumption costs, as they occur after the firm has already secured a purchase
Indicate whether the statement is true or false
Baxter, a hospital administrator, is facing a challenge stressor today so he is likely to
A) feel indifferent to what is going on around him. B) be less motivated and perform more poorly. C) be more motivated and perform better. D) go into a state of panic because of a system collapse.
Equity monitoring costs are lower in the United States than in other countries because:
A. debt that corporations use in the United States consists primarily of bank loans. B. capital gains are not taxed in the United States unless they exceed some minimum amount. C. U.S. companies must comply with fairly stringent financial audit requirements. D. dividends in the United States are exempt from personal taxes; i.e., investors are not required to pay taxes on the dividends they receive. E. banks in the United States hold a significant proportion of long-term bonds (debt) issued by companies, which means they can better monitor companies' debt than can banks in other countries.