What is the present value of an IOU for $1,000 due to be paid in two years, if the discount rate is 8%?

A) $857.34
B) $766.40
C) $885.00
D) $683.26
E) $810.77


Answer: A

Business

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A strategy of vertical integration can have substantial drawbacks, including

A. the difficulties faced in entering outside vertical and horizontal markets. B. the environmental costs of coordinating operations across vertical chain activities. C. loss of technological know-how. D. whether horizontal integration can limit the performance of strategy-critical activities in ways that increase cost, build expertise, protect proprietary know-how, or increase differentiation. E. raising the firm's capital investment in the industry and increasing business risk, as well as providing less flexibility in accommodating shifting buyer preferences by locking the firm into relying on its own in-house activities.

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A(n) ________ is a group of activities needed to readjust a process between successive lots of items

Fill in the blanks with correct word

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Independent regulatory agencies include the cabinet departments of the executive branch.

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

Business

If Wildling Construction's net sales increased from $40,000 to $77,000 and its operating expenses increased from $32,000 to $52,000, the vertical analysis based on net sales would show the following for operating expenses for the two periods: (Round your final answer to the nearest percentage.)

A) 80% and 68%. B) 68% and 80%. C) 125% and 148%. D) 148% and 125%.

Business