When a company pays cash to repurchase its own common stock, this is reported as a cash outflow in the financing activities section of the statement of cash flows.

Answer the following statement true (T) or false (F)


True

Business

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Smith's Electronics originally priced a private-label portable DVD player at $90, and then sold 1,500 units per week. After raising the price to $100, sales dropped to 1,000 units per week. First, determine the price elasticity, and then determine the profit-maximizing price if the private-label portable DVD player costs $50.

A. $70 B. $85.70 C. $70.25 D. $75 E. $90

Business

Which of the following is recommended during delivery of a presentation?

a. Watch the audience for feedback and make appropriate adjustments in the length and content of your speech. b. Stay behind the lectern, rather than causing distraction by moving around. c. Make eye contact with every person in the audience, even if only for a second. d. Keep breathing shallow and regular through your nose and mouth.

Business

Using Table 7.3, which activity is on the critical path?

A) Activity D B) Activity F C) Activity G D) Activity K

Business

By the beginning of 2013, banks held $1,191 billion in consumer loans. Finance companies held about ________ of that figure

A) 42% B) 68% C) 90% D) 117%

Business