European countries will definitely benefit by having an FTA with the United States. However there are some sticky points which need resolution. All of the following points need consideration except:

A) that the EU restricts the import of most genetically modified crops, which are common in the United States.
B) further reduction of tariffs which now average between 2 and 3 percent.
C) a variety of regulations that hamper cross-border investment and purchasing.
D) the US government would like easing of restrictions for purchasing European goods.
E) the name "Parmesan" applied to the "cows-milk" cheese.


D

Business

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Memphis Co is going to purchase a machine for $83,200 that will increase cash flows by $40,000 in the first year, $30,000 the second year, and $25,000 the third year. The machine will have no residual value. The minimum rate of return is 10 percent. The present value factors for the three years are 0.909, 0.826, and 0.751, respectively. The machine's net present value is

a. $21,800. b. ($3,285). c. $79,915. d. ($4,286).

Business

Explain the difference between deductive and inductive reasoning. Give an example of each.

What will be an ideal response?

Business

Which of the following is NOT a reason why companies hold inventory?

a. to respond to the uncertainties in demand levels b. to respond to the uncertainties in supply levels c. to safeguard against shipping delays d. to increase shortages artificially

Business

Kris is an administrative assistant with Little Financial Corporation, but has no authority to sign Little Financial checks. Kris orders merchandise from My-T-Fine Retail Company delivered to her home and pays with a Little Financial check, signing "Little Financial Corp. by Kris, admin. assist." My-T-Fine does not know that Kris has no authority to sign the check. Who is liable on the check, and why?

What will be an ideal response?

Business