Which of the following is NOT among those who are protecting your money in banks?

A) Federal Deposit Insurance Corporation
B) Savings Association Insurance Fund
C) National Credit Union Administration
D) New York Stock Exchange
E) Federal Reserve


Answer: D
Explanation: D) The three major sources of government banking deposit protection are the Federal Deposit Insurance Corporation, the Savings Association Insurance Fund, and the National Credit Union Administration. The Fed, through regulation, also indirectly protects your money. The stock market does not.

Business

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Saturn car company started a trend with its value pricing strategy of giving customers one price and one price only. The Saturn Web site gave detailed price information without the need for or involvement of a salesperson

What pricing objective did Saturn use?

Business

Companies HD and LD have identical amounts of assets, investor-supplied capital, operating income (EBIT), tax rates, and business risk. Company HD, however, has a higher debt ratio than LD. Company HD's return on investors' capital (ROIC) exceeds its after-tax cost of debt, rd(1 - T). Which of the following statements is CORRECT?

A. Company HD has a higher return on assets (ROA) than Company LD. B. Company HD has a higher times interest earned (TIE) ratio than Company LD. C. Company HD has a higher return on equity (ROE) than Company LD, and its risk as measured by the standard deviation of ROE is also higher than LD's. D. The two companies have the same ROE. E. Company HD's ROE would be higher if it had no debt.

Business

On a purely theoretical basis, IRR is a better approach when selecting among two mutually exclusive projects

Indicate whether the statement is true or false

Business

Why is it important for organizations to communicate the benefit package to their employees?

What will be an ideal response?

Business