A banker is analyzing a company which operates in the petroleum industry. Which of the following might be a major consideration in determining whether the company should receive a loan?
a. The petroleum industry suffers from political pressures concerning the selling price of its products.
b. Inflation has been high for several years in a row.
c. All companies in the petroleum industry use the same accounting principles.
d. The company has a large amount of interest payments related to many outstanding loans.
d
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The life cycles of many products are becoming shorter
a. causing companies to recognize that it may be more advantageous to confront, rather than compete with, the competition. b. making products in the maturity stage of their life cycle the basis on which firms expect growth to be generated. c. so companies spend less and less on product design and development because products will not last as long as previously. d. meaning that tools such as benchmarking and target costing become less important in adapting to the competitive environment.
Eric is giving a speech about 4D printing. At the beginning of his introduction, he states, “Formula One racing is not the first place people go to find new technology, but according to a 2014 CNN article, new innovations in design have allowed one car to drive with a tailfin that changes its shape based on the weather.” What is Eric doing with this statement?
What will be an ideal response?
The Revised Uniform Partnership Act is a federal statute that holds in all states
Indicate whether the statement is true or false
Roger assaulted Jim in a tavern, causing medical expenses and lost wages. Which of the following is true?
a. Roger can be prosecuted by the state for a criminal offense and Jim may sue him for money damages. b. If Roger is convicted of criminal assault, Jim is not allowed to sue him for money damages since that would violate the double jeopardy clause of the Constitution. c. If Jim refuses to press charges against Roger, the state cannot initiate a criminal proceeding against him. d. Jim can either elect to sue for money damages or proceed with criminal charges.