A supply chain is the same thing as a channel of distribution.

Answer the following statement true (T) or false (F)


False

A distribution channel is sometimes part of a broader network of relationships in the supply chain.

Business

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Lasik Vision Inc. recently analyzed the project whose cash flows are shown below. However, before Lasik decided to accept or reject the project, the Federal Reserve took actions that changed interest rates and therefore the firm's WACC. The Fed's action did not affect the forecasted cash flows. By how much did the change in the WACC affect the project's forecasted NPV? Note that a project's projected NPV can be negative, in which case it should be rejected.  Old WACC: 8.00%  New WACC: 9.75% Year 0     1   2   3   Cash flows -$1,000 $410 $410 $410

A. -$30.55 B. -$34.12 C. -$32.50 D. -$28.60 E. -$29.25

Business

Firms attempt to price bonds so that at issue they sell for the:

A) face value. B) coupon value. C) firm value. D) same price as shares of preferred stock.

Business

Corporate Powers. Soda Dispensing Systems, Inc, was owned by two shareholders, each of whom owned half of the stock. One shareholder was president of the corporation, and the other was vice president. Their shareholder agreement stated that neither

shareholder could "encumber any corporate property . . . without the written consent of the other." When Soda Dispensing went out of business, the two shareholders agreed to sell the assets, split the proceeds, and pay $9,900 to their accountants, Cooper, Selvin & Strassberg. Later, the president committed Soda Dispensing to pay Cooper, Selvin more than $24,000, claiming that he had the authority, as president, to make that commitment. When the accountants tried to collect, the vice president objected, asserting that the president had exceeded his authority. Will the court order Soda Dispensing to pay? Explain.

Business

An intersection or junction point of a decision tree is called a(n)

a. node. b. stem. c. intercept. d. branch.

Business