Which of the following industries normally has relatively low business risk?
A. Durable goods manufacturers, such as automobile manufacturers
B. Firms that produce staple goods, such as grocery stores and utility companies
C. Cyclical companies, such as construction companies
D. Firms that engage in fairly risky research and development, such as pharmaceutical research companies.
E. Small, single-product firms, especially those that sell primarily to a single customer
Answer: B
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A product consists of four components with reliabilities of 0.85, 0.87, 0.89, and 0.91, respectively. The first and third components each have a backup with reliabilities of 0.95 and 0.90, respectively. Calculate and indicate product reliability.
A. 77.71% B. 62.80% C. 39.40% D. 89.10%
Alex Anastopolous bought a plot of land from the Crown and built a barn on it. Tired of farming, he rented the land to MattiOonapuu. What is the legal name for the interest Matti acquired in the land?
A) tenancy in common B) joint tenancy C) a leasehold estate D) an easement E) a reversion
Peyton is a well-liked intern at Gary's Tri-State Metal Sales. Customers and co-workers describe Peyton as kind, cooperative, sympathetic, and warm. Peyton probably has a great deal of the Big Five Trait of
A. agreeableness. B. extraversion. C. neuroticism. D. conscientiousness. E. openness.
In capital budgeting, the future moneys or benefits should be measured in
A) before -tax cash flows. B) the sum of after-tax cash flows and accounting income. C) the cash balance in our checking account before taxes. D) after-tax cash flows.