When sales drop each summer at Vail Mountain Resorts, a high-quality destination ski area, the resort owners temporarily have too many employees to service the reduced number of tourists that enjoy the area during the warmer months. In this situation, the resorts most likely would
A. hire more workers.
B. lay off workers.
C. fire as many workers as possible.
D. allow production workers to relax more on the production line.
E. force all of the extra workers to seek early retirement.
Answer: B
You might also like to view...
Consider Table 4.1. The effective tariff rate equals
a. 11.1 percent. b. 16.7 percent. c. 50.0 percent. d. 100.0 percent.
Sparks Company entered into the following transactions involving short-term notes payable. On June 18, Sparks purchased $25,000 merchandise from EquipCo., terms 2/10, n/30. Sparks uses the perpetual inventory system. On July 19, Sparks replaced the June 18 account payable with a 60-day, $12,000 note bearing 4% annual interest in addition to paying $13,000 in cash. Sparks paid the amount due on the note at maturity.1. Determine the maturity date for the note.2. Prepare journal entries for all the preceding transactions and events.
What will be an ideal response?
Charter Bank pays a 4.30% nominal rate on deposits, with monthly compounding. What effective annual rate (EFF%) does the bank pay?
A. 4.39% B. 5.09% C. 5.04% D. 4.74% E. 5.44%
An increase in the beta of a corporation, all else being the same, indicates ________.
A) a decrease in risk, a higher required rate of return, and hence a lower share price B) an increase in risk, a higher required rate of return, and hence a lower share price C) a decrease in risk, a lower required rate of return, and hence a higher share price D) an increase in risk, a lower required rate of return, and hence a higher share price