Joe Dough buys $300 worth of ABC mutual fund every month. In June Joe pays $30 per share, in July he pays $25 per share and in August he pays $50 per share. How many shares of ABC mutual fund will Joe have at the end of August?
A) 10
B) 18
C) 28
D) 22
Answer: C) 28
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In the liquidity-preference model, the nominal interest rate is represented on the vertical axis and the quantity of money is represented on the horizontal axis. Hence,
A. the money demand curve slopes downward and the money supply curve is vertical. B. the money demand curve slopes upward and the money supply curve is horizontal. C. both the money demand and money supply curve slope downward. D. both the money demand and money supply curve slope upward.
Answer the following statements true (T) or false (F)
1. The contemporary approach on studying teams emphasizes the permanent nature of teams. 2. Research suggests all groups develop in sequential, discrete stages. 3. Team norms help define appropriate and inappropriate behavior. 4. The most basic type of hidden agenda relates to interpersonal conflicts. 5. Team norms are explicit, written rules.
Carson Inc Carson Inc had the following information available at the end of its current year: Sales $2,000,000 Net operating income 500,000 Average operating assets 1,200,000 Refer to the Carson Inc information above. What was Carson's asset turnover for the year?
A) 2.400 B) 0.417 C) 0.250 D) 1.667
Consider the assembly line below. The three fabrication operations run in parallel, such that each batch of 20 units only needs to go through one of the three fabrication operations
After that, each batch needs to go through both assembly operations, which occur simultaneously (specifically, 10 components are made for each unit in the fabrication stage—some components are then assembled in the Assembly 1 area while others are assembled in the Assembly 2 area). The units are packaged and made ready for shipment in the final stage. What is the throughput time per batch of this operation? A) 88 min. B) 8 min. C) 40 min. D) 34 min. E) 33 min.