Which of the following securities has the highest priority with regard to the distribution of both earnings and proceeds from the liquidation of assets of a firm?
A. Corporate bonds
B. Preferred stock
C. Common stock
D. American depository receipts (ADRs)
E. Foreign stocks
Answer: A
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During which stage of the creative selling process would a salesperson most likely try to learn about a customer's prior purchases and personal interests?
A) prospect B) preapproach C) qualify D) close E) follow-up
The management of Schenk Corporation is investigating automating a process by replacing old equipment by a new machine. The old equipment would be sold for scrap now for $13,000. The new machine would cost $648,000, would have a 9 year useful life, and would have no salvage value. By automating the process, the company would save $186,000 per year in cash operating costs. (Ignore income taxes.)Required:Determine the simple rate of return on the investment to the nearest tenth of a percent.
What will be an ideal response?
The difference between monolithic organizations and multicultural organizations is that
A. monolithic organizations are marked by an absence of discrimination and prejudice. B. monolithic organizations have a higher degree of structural integration. C. monolithic organizations use an affirmative action approach to eliminate discrimination. D. multicultural organizations focus solely on employees' visible differences. E. multicultural organizations place greater value on diversity.
Which of the following is a distributed system classification?
A) host-based hierarchy B) peer-to-peer based LAN systems C) hybrid enterprise-wide systems D) All of the above