Which of the following rights cannot be conveyed?
A) Air rights
B) Mineral rights
C) Prior appropriation water rights
D) None of the above
C
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The Warbler Jeans Company produces two different types of jeans. One is called the "Simple Life" and the other is called the "Fancy Life" The company's Production Budget requires 353,500 units of Simple jeans and 196,000 Fancy jeans to be manufactured. It is estimated that 2.5 direct labor hours will be needed to manufacture one pair of Simple Life jeans and 3.75 hours of direct labor hours for
each pair of Fancy life jeans. What is the total number of direct labor hours needed for both lines of jeans? A) 883,750 direct labor hours B) 1,618,750 direct labor hours C) 735,000 direct labor hours D) 353,500 direct labor hours
An assembly line has 10 stations with times of 1, 2, 3, 4, …, 10, respectively. What is the bottleneck time?
A) 18.18% of the throughput time B) 100% of the throughput time C) 550% of the throughput time D) 50% of the throughput time E) 1.82% of the throughput time
Which of the following is the correct expression for the effective annual rate (EAR)??
A. ?(1 / Periodic rate of interest)number of borrowing (interest) periods in one year- 1 B. ?(1 + Periodic rate of interest)number of borrowing (interest) periods in one year- 1 C. ?(1 - Periodic rate of interest)number of borrowing (interest) periods in one year- 1 D. ?(1 + Periodic rate of interest)number of borrowing (interest) periods in one year + 1 E. ?(1 - Periodic rate of interest)number of borrowing (interest) periods in one year + 1
The opportunity cost associated with the firm's capital investment in a project is called its:
A) cost of capital. B) beta coefficient. C) capital gains yield. D) sunk cost. E) internal rate of return.