Which of the following items do not require marking?
a. Bulk materials
b. Items produced more than 20 years prior to importation
c. Works of art
d. All of the above
d
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Which of the following is false regarding the issue of stock versus the issue of bonds to raise capital?
a. The issuance of stock decreases several important financial ratios. b. Issuing bonds dilutes the voting power of the stockholders. c. Corporations are not required to return the investment to the stockholders. d. Investors expect to earn a higher rate of return on stocks than bonds.
On a cost-volume-profit graph, the break-even point is where
A) the revenue line intersects the profit line B) the revenue line intersects the total cost line C) the fixed cost line intersects the variable cost line D) the contribution margin line intersects the fixed cost line E) all of these
What does chapter 15 of your textbook identify as the most devastating consequences of the global gap between the winners and losers of world trade?
a. 4 billion people live on less than $2 a day b. The gap between the world’s richest nations and the world’s poorest nations is growing c. The integrated world economy is not so integrated because it actively excludes those nations already on the periphery d. All of the above
Safety inventory is carried because
A) demand forecasts are accurate. B) demand forecasts are uncertain. C) adequate supplies are available. D) excess product was manufactured.