Why is important to determine your housing needs not only for the present but also for the next several years?
What will be an ideal response?
Answer: The closing costs and selling fees associated with buying and selling a home are very high. It is not realistic to think that a home will appreciate enough in a few years to recover these costs. Having to sell a house after a few years may result in a sizeable capital loss.
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Realized capital gains are
A. increases in the value of a firm that occur because a firm has retained earnings that are exempt from corporate profits taxes. B. capital gains that are owned by foreigners. C. capital gains that an investor receives from actually selling stock. D. capital gains that have been accrued but not yet received because the stock has not been sold.
U.S. GAAP view investments of over 50 percent of the voting stock of another company (for the purpose of controlling the other company at the broad policy-making level and at the day-to-day operational level) as
a. minority, passive investments. b. minority, active investments. c. majority, passive investments. d. majority, active investments. e. marketable securities.
Why might field sales personnel be able to develop a good forecast for demand?
a. They are motivated by bonuses b. They are distanced from the customers and markets c. They are close to a firm’s suppliers d. They are close to the customers and markets
When demand is constant, the Reorder point (ROP) is a function of demand and lead time
Indicate whether the statement is true or false