If the interest rate on three-month Treasury securities is 6 percent and the interest rate on ten-year Treasury securities is 4 percent, then

A. the economy has probably just emerged from a recession.
B. the yield curve slopes upward steeply.
C. a recession is likely to occur.
D. the economy is probably in the middle of an economic expansion.


Answer: C

Business

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A) boundary estimation B) hypothesis testing C) parameter boundary determination analysis D) confidence interval E) range estimate

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Scribe Company, a manufacturer of writing instruments, provides the following financial information:


Calculate the return on investment for the Pencil Division. (Round your answer to two decimal places.)
A) 15.63%
B) 15.09%
C) 15.69%
D) 14.55%

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Karen is a newly promoted manager of a large department at her company. She is worried about what ethical problems may or may not be happening there. On who or what will she primarily rely for information about ethics problems in her department?

a. her HR department liaison b. her own careful monitoring of employee behavior c. ethics issue metrics set up by previous managers d. her employees’ voluntary reporting

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A common measure of profitability is

A) the quick ratio B) times interest earned ratio C) return on common stockholders' equity ratio D) debt ratio

Business