Which of the following best describes the purpose of a press room at a trade show?
A) location where journalists televise reports about the show
B) area occupied by an organization for displaying products
C) place where exhibiting firms can request media coverage
D) location where exhibiting firms can leave information for reporters
E) area set aside for attendees and exhibitors to personally interact
D
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The opposite of a certification election is a _______________________________.
Fill in the blank(s) with the appropriate word(s).
If a company receives $12,900 from its sole stockholder to establish a corporation, the effect on the accounting equation would be:
A. Assets increase $12,900 and liabilities decrease $12,900. B. Liabilities increase $12,900 and equity decreases $12,900. C. Assets decrease $12,900 and equity decreases $12,900. D. Assets increase $12,900 and liabilities increase $12,900. E. Assets increase $12,900 and equity increases $12,900.
Which category of inventory holding costs has a much higher percentage than average for rapid-change industries such as PCs and cell phones?
A) housing costs B) material handling costs C) labor cost D) investment costs E) pilferage, scrap, and obsolescence
An increase in interest rates will help increase the future value of a portfolio because the cash flows produced by the portfolio:
A. will increase the maturity value of the bond. B. can be reinvested at higher rates of return. C. can be used to recall high-rate bonds. D. will generate cash to pay future coupon interest. E. will decrease the yield to maturity of the bond.