The global organization that helps to promote the use of a common language is called ________
A) NCAA
B) OASIS
C) ICANN
D) Netweaver
E) none of the above
B
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StatPro Corporation is a manufacturer of a versatile statistical calculator. The following information is a summary of defective and returned units for the previous year. Total defective units 1,000 Number of units reworked 750 Number of customer units returned 150 Profit for a good unit $40 Profit for a defective unit $25 Cost to rework a defective unit $10 Cost of a returned unit $15 Total
prevention cost $10,000 Total appraisal cost $5,000 Refer to StatPro Corporation. The total rework cost is a. $7,500. b. $15,000. c. $2,500. d. $3,750.
Which of the following statements about why companies choose not to pay cash dividends is (are) true?
A. The corporation does not have sufficient cash. B. The board and management prefer to reinvest all net income for future growth. C. The corporation does not have sufficient retained earnings. D. All of these statements are true.
Until recently, international trading of stocks was limited by
a. transaction costs b. information costs. c. exchange rate risk. d. all of the above
Your Way, Inc Eric buys companies that are small or companies in financial trouble. He helps these companies turn around and develop a competitive advantage. The company that he recently purchased is called Your Way, Inc The company sells men's clothing and accessories. Your Way keeps the sewing machines for clothes manufacturing at a separate production facility so that the store location
space can be reserved for display and selling. After looking over the different products available, Eric realized that the company's previous owner was not aware of the product life-cycle because the company kept items that were obviously too old and out-of-date. Also, because of the high turnover, employees did not have good knowledge of the different product lines and did not know the difference between a product line and a product mix. To move the company forward, Eric thought of the following two measures: first, developing a new product to incorporate into the product mix; and second, eliminating the out-of-date products. Refer to Your Way, Inc What type of products is sold at Your Way? A) Shopping products B) Business products C) Specialty products D) Convenience products E) Unique products