Lucy asks for a $5,000 raise, but her boss says that the most he will agree to is $3,500. In all honesty, Lucy would have been happy with even a $1,000 raise. Which of the following is true?
A. Lucy is likely to accept the raise because it fell within the ZOPA.
B. Lucy is likely to accept the raise because it fell outside the ZOPA.
C. Lucy is likely to accept the raise because it was worse than the BATNA.
D. Lucy is likely to reject the raise because it fell inside the ZOPA.
A. Lucy is likely to accept the raise because it fell within the ZOPA.
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Damien plans to buy a share at $120 and hold it for 5 years. During this period, he would receive average annual dividends of $4 a share. He expects to receive $145 at the end of the 5-year period when he sells the share. What are the keystrokes used to calculate the rate of return on the investment?
A. N = 5, PV = –120, PMT = 4, FV = 145 B. N = 5, PV = 120, PMT = 4, FV = –145 C. N = 5, PV = –145, PMT = –4, FV = 120 D. N = 4, PV = –120, PMT = 5, FV = 145 E. N = 4, PV = 145, PMT = 5, FV = –120
The feasible region in all linear programming problems is bounded by
A. corner points. B. hyperplanes. C. an objective line. D. all of these options.
An accounting _____ arises when a firm incurs an obligation to make a future sacrifice that, because of a past event or transaction, it has little or no discretion to avoid
a. asset b. liability c. shareholders' equity d. revenue e. expense
Because paper quality reflects the degree of professionalism,
a. it is best to avoid papers containing cotton. b. a heavier weight should be used for envelopes. c. it is best to use paper without visible watermarks. d. extremely important documents may be printed on 100% cotton, 24-pound bond.