Refer to Exhibit 11.1. If U.S. investors cover their exchange rate risk, then the extra return for the six months on the U.K. treasury bills is

a. 1.0 percent.
b. 1.5 percent.
c. 2.0 percent.
d. 2.5 percent.


a. 1.0 percent.

Business

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Assume that an assembly line has three tasks that must be completed (in order, A, B, and C). The tasks have processing times of 9, 9, and 11 minutes per unit, respectively. Which task is the bottleneck?

a. A b. Both A and B c. C d. Cannot be determined from the information given

Business

Nancy conforms to her manager's work style when she relies heavily on texting to communicate with her manager, because her manager prefers texting to e-mail or phone calls

Indicate whether the statement is true or false.

Business

When a company uses the perpetual inventory method, which of the following would be the entry to adjust inventory to lower-of-cost-or-market?

A) debit Loss on Inventory and credit Merchandise Inventory B) debit Merchandise Inventory and credit Inventory Adjustment C) debit Cost of Goods Sold and credit Merchandise Inventory D) debit Merchandise Inventory and credit Cost of Goods Sold

Business

Shelby offers to make digital copies of Relay Company's business conference videotapes, CDs, DVDs, and other media for $500. Under the mailbox rule and the Uniform Electronic Transactions Act (UETA), Relay's acceptance by e-mail will be considered effective when

A. received. B. sent. C. followed up by a confirmation letter sent by regular mail. D. composed on a Relay computer.

Business