The purchase of which of the following items involves routinized response behavior?

A. a mattress
B. a laptop
C. a fast-food restaurant meal
D. a silver ring
E. a new suit


Answer: C

Business

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When net income is low relative to operating cash flows, we describe the firm as having recorded

a. income-decreasing accruals. b. income-increasing accruals. c. income neutral accruals. d. abnormal accruals.

Business

With the advent of ______-generated graphics, technology is helping transform ordinary presentations into extraordinary speechmaking events.

a. television b. computer c. media d. mechanics

Business

The stated interest payment, in dollars, made on a bond each period is called the bond's:

A) coupon. B) face value. C) maturity. D) yield to maturity. E) coupon rate.

Business

A share of preferred stock pays a dividend of $0.50 each quarter. If you are willing to pay $20.00 for this preferred stock, what is your simple (not effective) annual rate of return?

A) 10% B) 8% C) 6% D) 12% E) 14%

Business