Among trading blocs, the EU has the largest GDP per capita.

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


False

The EU's GDP per capita is below that of NAFTA, although its population is larger.

Business

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What role does entrepreneurship play in a country’s economy?

What will be an ideal response?

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The Fifth Amendment would protect a defendant from having to give blood samples to the prosecution since it would be a form of self-incrimination as interpreted by the courts

a. True b. False Indicate whether the statement is true or false

Business

This year, Ferro Inc. generated sales of $10 million. Its fixed operating cost is $1 million and its variable cost ratio is 30 percent of sales. Ferro has $60 million of debt outstanding with a before-tax cost of 12 percent. Which of the following statements about Ferro's times interest earned (TIE) ratio is correct?

A. Ferro's TIE ratio is 1.20, which suggests it has enough earnings to meet the required interest payments. B. Ferro's TIE ratio is 0.83, which suggests it does not have enough earnings to meet the required interest payments. C. Ferro's TIE ratio is 0.83, which suggests it has enough earnings to meet the required interest payments. D. Ferro's TIE ratio is 1.39, which suggests it does not have enough earnings to meet the required interest payments. E. Ferro's TIE ratio is 1.00, which suggests it has just enough earnings to meet the required interest payments.

Business

Collision insurance

a. usually has a deductible. b. covers damage to a vehicle regardless of the amount. c. covers only collision with another vehicle. d. provides no coverage if the driver is negligent.

Business