The main objective for all business is to maximize unrealized profits
Indicate whether the statement is true or false
False
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Unit variable costs vary with changes in productive output, whereas total variable costs remain constant
Indicate whether the statement is true or false
Plan-do-check-act, a four-step interactive process created by Dr. Edwards Deming, the modern father of quality control, best manages continuous improvement in organizations.
a. True b. False
Simpson Inc. is considering a vertical merger with The Lachey Company. Simpson currently has a required return of 9%, while Lachey's required return is 14%. The market risk premium is 5.10% and the risk-free rate is 5%. Assume the market is in equilibrium. If Simpson is going to make up 67% of the new firm (and Lachey will comprise the remaining 33%), what will be the beta of the new merged firm? There will be no additional infusion of debt in the merger. Do not round your intermediate calculations.
A. 1.05 B. 1.38 C. 1.11 D. 0.83 E. 1.16
What did Coke do to the employees involved in the Burger King/Frozen Coke activities?
a. They were terminated or resigned b. They are still with the company, but were demoted c. They are still with the company but lost their bonuses d. None of the above