Following are the yields on selected Treasury securities: ? Maturity Yield 2 years 1.6% 3 years 2.2 4 years 2.4 ? Using the expectations theory, compute the expected one-year interest rate in Year 3. That is, compute the rate that is expected to exist only during Year 3. (Base your answer on an arithmetic average rather than a geometric average.)
A. 2.2%
B. 1.6%
C. 3.4%
D. 1.9%
E. 3.0%
Answer: C
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What is the difference between the "problem" and the "research objective" in marketing research?
A) Functionally, there is no difference. B) A problem is a situation that calls for managers to make a choice among alternatives; research objectives are totally dependent on the problem but they are different in that they state what the researcher must do. C) A problem is a situation that calls for managers to make a choice among alternatives; research objectives are NOT totally dependent on the problem but they are different in that they state what the researcher must do. D) A research objective is a situation that calls for managers to make a choice among alternatives; problems objectives are totally dependent on the problem but they are different in that they state what the researcher must do. E) The two terms are so dissimilar, it is not possible to describe the difference.
Answer the following statements true (T) or false (F)
1. One of the performance objectives included in the “triple bottom line” is the philosophical value the company creates. 2. U.S. companies are ahead of companies in Europe with regard to sustainable supply chains. 3. The carbon footprint of a supply chain does not refer to the use of energy-efficient lighting. 4. A functional strategy is more broad and abstract when compared to higher level strategies. 5. Until recently, operations managers had little input into a company’s corporate strategy.
Porter Company uses standard costs for its manufacturing division. Standards specify 0.1 direct labor hours per unit of product. The allocation base for variable overhead costs is direct labor hours. At the beginning of the year, the static budget for variable overhead costs included the following data:
What is the variable overhead efficiency variance? (Round any intermediate calculations to the nearest cent, and your final answer to the nearest dollar.)
A) $1866 F
B) $1866 U
C) $2534 F
D) $2534 U
What is the role of information systems?
a. To develop needed information and get it to the right people b. To make sure all employees understand what’s going on in the organization c. To keep employees accountable for mistakes they may be making d. To develop annual reports for shareholders