Charles Wilson, secretary of defense for President Eisenhower, stated, "What is good for General Motors is good for the nation."
Answer the following statement true (T) or false (F)
True
After World War II, Charles Wilson, secretary of defense for President Eisenhower, made the famous statement that "what is good for General Motors is good for the nation." The implication was that what was good for big business would be good for all of the people in the country.
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Compute the residual income for Zeus Company's investment center from the information below. Zeus Company Total sales $20,000 Operating income $4,350 Beginning assets invested $14,000 Ending assets invested $16,000 Average assets invested $? Desired ROI 25% Residual income $?
A) $600 B) $3,100 C) $4,350 D) $1,850
Which of the following is a recommended guideline for evaluating the lease versus buy decision for a three year lease?
a. 1% rule b. 2% rule c. 5% rule d. 4% rule e. 3% rule
Omar is writing an e-mail message about a new delivery service. In anticipating and profiling the audience, he should ________
A) call or e-mail all members of his audience to learn more about them B) realize that he can't write a good message unless he knows exactly who the readers will be C) try to get a general idea of who his audience is D) ask a competing company about its audience
Five years ago, Thompson Tarps Inc. issued twenty-five-year 10% annual coupon bonds with a $1,000 face value each. Since then, interest rates in general have risen and the yield to maturity on the Thompson bonds is now 12%
Given this information, what is the price today for a Thompson Tarps bond? A) $843.14 B) $850.61 C) $1,181.54 D) $1,170.27