Departmental direct operating margin shows the department's
a. percentage
of company assets used during the period; b. contribution to the company's
overall operating margin; c. allocation of costs to the company as a whole;
d. share of indirect revenues; e. none of these.
B
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Which of the following is a "Big Five" personality trait?
A. cognitive ability B. extroversion C. aptitude D. physical ability E. honesty
Consider Figure 6.3. With free trade, Iraq purchases ______________ computers at a price of $______________ and realizes $______________ of consumer surplus from the availability of computers.
a. 30, $3,000, $25,000
b. 30, $3,000, $35,000
c. 30, $3,000, $45,000
d. 30, $3,000, $55,000
Which of the following statements is true?
a. One advantage of the payback period is that it disregards the time value of money. b. One of the assumptions of capital budgeting is that the longer it takes to recover the initial investment, the greater the project's risk. c. The payback period can be measured only if the annual cash flows are equal . d. The formula for computing payback period is: Payback Period = Investment -salvage value/ annual cash inflow
With best efforts compensation, the investment banker essentially buys the entire stock issue from the company at one price and then sells the issue at auction for a higher price
Indicate whether the statement is true or false.