A ________ requires that the original owners of the firm maintain ownership of their stock for at least 180 days following an IPO
A) green-shoe provision
B) lock-up agreement
C) letter of commitment
D) red herring
Answer: B
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Pie charts are particularly useful for illustrating:
A) relative size or static comparisons B) items over time C) relationships found in the data D) ratio-scaled data E) flow of topics
The products are machine made. Four units of product A can be made with one machine hour, and two units of product B can be made with one machine hour. The company has a maximum of 3000 machine hours available per month. Assume there are no constraints on sales of either product, and the company can choose any product mix they wish. What is the maximum amount of contribution margin that the company could earn in a month?
A company sells two products with information as follows:
A) $156,000
B) $60,000
C) $96,000
D) $6000
In the business market, products of the fishing and agricultural industries purchased to use in a finished product are examples of ________
A) component parts B) accessory equipment C) processed materials D) MRO products E) raw materials
If beginning capital was $70,000, ending capital is $48,000, and the owner's withdrawals were $21,000, the amount of net income or net loss was
A) net income of $42,000 B) net income of $17,000 C) net loss of $22,000 D) net loss of $1,000