Combine the following two sentences into one sentence that subordinates the cost of the computer: "The computer system costs $3,850. Its efficiency will improve data entry productivity."
Although the computer system costs $3,850, it will increase data entry productivity.
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When a new partner is admitted,
a. the old partnership continues to exist and the name of the new partner is added. b. the old partnership is dissolved and a new one is created. c. the old partnership is dissolved and a new form of ownership must be chosen. d. the old partnership continues to exist and the new partner invests in the existing business.
When all products undergo the same operations in the same sequence, a(n) ____ is used.
A. product design B. product layout C. process layout D. output layout E. fixed layout
Which of the following is NOT a major force in a company’s macroenvironment?
a. demographic forces b. geological forces c. economic forces d. technological forces
Nicholas Industries can issue a 20-year bond with a 6% annual coupon. This bond is not convertible, is not callable, and has no sinking fund. Alternatively, Nicholas could issue a 20-year bond that is convertible into common equity, may be called, and has a sinking fund. Which of the following most accurately describes the coupon rate that Nicholas would have to pay on the convertible, callable bond?
A. It could be less than, equal to, or greater than 6%. B. Greater than 6%. C. Exactly equal to 8%. D. Less than 6%. E. Exactly equal to 6%.