The subprime loan market infiltrated investment firms:
a. Because financial instruments were tied to mortgage and mortgage value.
b. Because many of the investment firms were subprime lenders.
c. Because investment firms had purchased many mortgages.
d. Both a and c
e. All of the above
.A
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Use the following data: Asset cost $120,000 Expected life 4 years Estimated salvage value $12,000 Using the sum-of-the-years-digit method, the amount of depreciation for the third year would be
a. $28,000. b. $21,600. c. $30,000. d. $48,600.
An understatement of year 1's beginning inventory will
a. cause year 2's gross margin to be overstated. b. cause year 1's cost of goods sold to be understated. c. cause year 2's gross margin to be understated. d. have no effect on year 1's gross margin.
Which of the following is the focus of pull marketing at the introduction stage of the product life
cycle? A) offering incentives to consumers for using the product B) showing how the organization's product is superior to others in the market C) cutting costs of promotion by eliminating pull marketing efforts D) educating consumers on the benefits of the new product
Identify the conjunction or conjunctions in the sentence. The Merrimack River begins at the confluence of the Pemigewasset and Winnipesaukee Rivers, where the two rivers come together