Futures differ from forwards because they are

A) used to hedge portfolios.
B) used to hedge individual securities.
C) used in both financial and foreign exchange markets.
D) standardized contracts.


D

Business

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Oil wells and coal mines used in the normal course of business would appear in which section of the balance sheet?

a. Property, plant, and equipment b. Investments c. Current assets d. Intangible assets

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If three copiers are needed to produce a final report on time and only two are available, the project is facing a(n) ________ type of resource constraint.

Fill in the blank(s) with the appropriate word(s).

Business

Hillary's Restaurant has the following information available regarding last year's operations: Sales $900,000 Variable costs 300,000 Contribution margin 600,000 Fixed costs 175,000 Net operating income $425,000 The company's operating leverage was:

A) 0.71. B) 1.50. C) 2.12. D) 1.41.

Business

Both design and manufacturing defects can subject a manufacturer or seller to product liability

a. True b. False Indicate whether the statement is true or false

Business