MotorCo Inc makes and sells auto parts to retail repair services, vehicle sales outlets, and consumer parts stores. On one MotorCo box is a label that reads "Contains one gross (144 ) sparkplugs, assorted sizes." This statement is
A) an implied warranty of fitness for a particular purpose
B) an implied warranty of merchantability.
C) an express warranty.
D) none of the choices.
C
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Danko International is a multinational company that targets the BRIC countries (Brazil, Russia, India, and China) because they're fast-growing developing economies and use ________ to segment its world markets
A) political factors B) legal factors C) personality factors D) economic factors E) cultural factors
In a market structure in which there are a large number of buyers and sellers, the pricing impact of any single firm will be fairly ________.
Fill in the blank(s) with the appropriate word(s).
Which of the following statements about various short-term credit alternatives is correct?
A. The firm has complete control over the terms and the levels of the accruals it uses, which makes this type of credit an attractive source of additional funding. B. Commercial paper is a type of secured promissory note issued by large, financially strong firms. C. Banks generally charge a commitment fee on the used balances of credit lines to compensate for guaranteeing the availability of revolving credit. D. The funds used by a firm to maintain a compensating balance with the bank cannot be used by the firm to pay its bills or to invest in capital budgeting projects. E. The credit created when one firm buys goods or services on credit from another firm is known as accounts receivable.
Operating cash flow (OCF) is calculated by adding back depreciation to the net operating profit after taxes
Indicate whether the statement is true or false