People are more ______ when they believe they will not get caught.
A. ethical
B. accountable
C. sustainable
D. unethical
D. unethical
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During the 1950's, General Motors (GM) was responsible for about 60 percent of all passenger cars produced in the United States. Some criticized GM for
a. encouraging too much market competition. b. failing to use economies of scale in individual plants. c. acquiring monopoly power over the auto market. d. failing to sufficiently dominate the auto market.
Wu Company incurred $40,000 of fixed cost and $50,000 of variable cost when 4,000 units of product were made and sold.If the company's volume increases to 5,000 units, the total cost per unit will be:
A. $20.00. B. $22.50. C. $18.00. D. $20.50.
A callable swap gives the ____ payer the right to terminate the swap; the MNC would exercise this right if interest rates ____ substantially
a. floating-rate; rise b. floating-rate; fall c. fixed-rate; rise d. fixed-rate; fall e. none of the above
Alice's investment advisor is trying to convince her to purchase an investment that pays $250 per year. The investment has no maturity; therefore the $250 payment will continue every year forever. Alice has determined that her required rate of return for such an investment should be 14 percent and that she would hold the investment for 10 years and then sell it. If Alice decides to buy the
investment, she would receive the first $250 payment one year from today. How much should Alice be willing to pay for this investment? A) $1,304.03, because this is the present value of an ordinary annuity that pays $250 a year for 10 years at 14 percent. B) $1,486.59, because this is the present value of an annuity due that pays $250 a year for 10 years at 14 percent. C) $1,785.71, because this is the present value of a $250 perpetuity at 14 percent. D) There is not enough information to answer this question, because the selling price of the investment in 10 years is not known today. E) None of the above is correct.