A study examined which is more important to classroom performance: cognitive intelligence (SAT scores) or emotional competency (ECI). This study found that
a. the total SAT scores predicted the individual exam grades, but the ECI scores did not
b. the ECI score was a good predictor of the team project grade, but the SAT was not
c. both “a” and “b”
d. neither SAT or ECI scores predicted team project grades
c. both “a” and “b”
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If the cash balance shown in a company's accounting records is less than the correct cash balance, and neither the company nor the bank has made any errors, there must be
a. outstanding checks. b. deposits in transit. c. deposits credited by the bank but not yet recorded by the company. d. bank charges not yet recorded by the company.
Carmen Martinez works for a cosmetics manufacturer and is responsible for ensuring that retailers have adequate quantities of products when they need them. However, she is directing much of her effort toward helping the retailers promote the products. She would be characterized as belonging to which group of salespeople?
A. Trade salespeople B. Outside sales force C. Advisory salespeople D. Technical salespeople E. Missionary salespeople
Premium Pie Company needs to purchase a new baking oven to replace an older oven that requires too much
energy to run. The industrial size oven will cost $1,200,000. The oven will be depreciated on a straight-line basis over its six-year useful life. The old oven cost the company $800,000 just four years ago. The old oven is being depreciated on a straight-line basis over its expected ten-year useful life. (That is, the old oven is expected to last six more years if it is not replaced now.) Due to changes in fuel costs, the old oven may only be sold today for $100,000. The new oven will allow the company to expand, increasing sales by $300,000 per year. Expenses will also decrease by $50,000 per year due to the more energy efficient design of the new oven. Premium Pie Company is in the 40% marginal tax bracket and has a required rate of return of 10%. a. Calculate the net present value and internal rate of return of replacing the existing machine b. Explain the impact on NPV of the following: i. Required rate of return increases ii. Operating costs of new machine are increased iii. Existing machine sold for less
Italy's freeway system has not been completed despite billions in funding
Indicate whether the statement is true or false