The inventory management at Dana Dairy Products ________ since 2012. (See Table 3.2)

A) has deteriorated
B) has remained the same
C) has improved slightly
D) cannot be determined


C

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If $500,000 of 10-year bonds, with interest payable semiannually are sold for $494,040 based on (1) the presentvalue of $500,000 due in 20 periods at 5% plus (2) the present value of twenty $25,000 payments at 5%, thenominal or contract rate and the market rate of interest for the bonds are both 10%

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

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You are stereotyping a person when you make generalizations not based on reality.

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

Business

Consumers should trust that product information found on blogs and social networking sites will be reliable

Indicate whether the statement is true or false

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Robichau Inc. reported the following results from last year's operations:   Sales$6,300,000Variable expenses 4,930,000Contribution margin 1,370,000Fixed expenses 803,000Net operating income$567,000Average operating assets$3,000,000?At the beginning of this year, the company has a $900,000 investment opportunity with the following characteristics: Sales$1,530,000 Contribution margin ratio  30% of salesFixed expenses$306,000 ?The company's minimum required rate of return is 20%.?Last year's residual income was closest to:

A. $597,000 B. $567,000 C. ($686,700) D. ($33,000)

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