The use of yellow-dog contracts was stopped by the:
A. federal courts.
B. Sherman Act.
C. Clayton Act.
D. Railway Labor Act and the Norris LaGuardia Act.
Ans: D. Railway Labor Act and the Norris LaGuardia Act.
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Why might other systems within a company resist marketing initiatives?
What will be an ideal response?
All of the following statements regarding convertible bonds are true except:
A. Holders of convertible bonds can generally decide whether to convert to stock. B. Holders of convertible bonds can choose when to convert to stock. C. Holders of convertible bonds can choose how many shares of stock to receive at conversion. D. Holders of convertible bonds have the potential to profit from increases in stock price. E. Holders of convertible bonds have the option to not convert and continue receiving bond interest payments and par value at maturity.
Nelson Corp. is considering the purchase of a new piece of equipment. The cost savings from the equipment would result in an annual increase in cash flow of $100,000. The equipment will have an initial cost of $400,000 and have a 5-year life. If the salvage value of the equipment is estimated to be $75,000, what is the accounting rate of return? Ignore income taxes.
A. 26.67% B. 6.25% C. 25.00% D. 8.75%
If a 1 percent decrease in price results in less than a 1 percent increase in the quantity demanded, demand is
A. price inelastic. B. derived demand inelastic. C. cross-price elastic. D. status quo elastic. E. price elastic.