In the three years prior to a forced departure of a top manager, stock prices, adjusted for market performance, on average:
A) decline about 20 percent.
B) decline about 40 percent.
C) decline about 60 percent.
D) remain stable.
E) increase about 20 percent
B) decline about 40 percent.
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Jewels for the Rich and Famous sells very exclusive jewelry with a minimum price of $25,000 to customers around the world. Speed of delivery to distant markets is a must. Management should consider using ________ as its main carrier
A) rail B) air C) trucks D) pipelines E) water
The most valid reason for using something other than a full-cost-based transfer price between units of a company is because a full-cost price
a. is typically more costly to implement. b. does not ensure the control of costs of a supplying unit. c. is not available unless market-based prices are available. d. does not reflect the excess capacity of the supplying unit.
The provision of services can include services such as ______.
a. manufacture of parts b. development of raw materials in house c. provision of finance d. research and development
Which of the following factors will increase the risk level of an investment?
I. a firm's decision to use a high percentage of debt financing II. an economic situation in which consumer prices are rising at a rapid rate III. the ability to trade the investment in a broad market rather than in a thin market IV. unstable currency values A) I and II only B) I, II and IV only C) II and IV only D) I, III and IV only