If Joe Doe invests $40,000 in franchise and is able to generate $20,000 a year in benefits for 8
years, the following holds true:
A) The 20,000 received in year 8 is worth more than the 20,000 received in year 4.
B) The 20,000 received in year 2 is worth more than the 20,000 received in year 5.
C) The 20,000 received in year 1 is worth less than the 20,000 received in year 3.
D) None of the above.
B
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All of the following are part of the fraud element triangle EXCEPT:
a. Theft act b. Concealment c. Conversion d. Rationalization
Which of the following, according to Schein, is a key to successful culture change?
A. The management of the anxiety that accompanies relearning. B. The assessment of whether the genetic potential for new learning is present. C. Both A and B D. None of these
Profit margin is equal to ________
A) net income divided by total assets B) net income divided by total owners' equity C) net income divided by sales D) None of these
An open market purchase
A) shifts the supply curve for reserves to the right and causes the federal funds rate to fall. B) shifts the demand curve for reserves to the right and causes the federal funds rate to rise. C) shifts the supply curve for reserves to the left and causes the federal funds rate to rise. D) shifts the demand curve for reserves to the left and causes the federal funds rate to fall.