According to the interest parity condition, if the domestic interest rate is 12 percent and the foreign interest rate is 10 percent, then the expected appreciation of the foreign currency must be 2 percent
Indicate whether the statement is true or false
TRUE
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Customer lifetime value describes the net present value of the stream of future profits expected over the customer's lifetime purchases
Indicate whether the statement is true or false
Answer the following statements true (T) or false (F)
1. When more units are sold than produced, operating income is higher under absorption costing than variable costing. 2. For every unit that is produced but not sold, absorption costing "hides" some of the fixed manufacturing overhead in ending Finished Goods Inventory. 3. The use of variable costing to determine managers' bonuses does not give the incentive to produce more products than needed. 4. Under absorption costing, the more units added to ending Finished Goods Inventory, the less fixed manufacturing overhead is "hidden" in ending Finished Goods Inventory at the end of the accounting period. 5. Under absorption costing, the more fixed manufacturing overhead in ending Finished Goods Inventory, the larger the Cost of Goods Sold.
Indicators of a "bust-out" include:
a. the size of orders placed on credit suddenly decrease. b. the company's address is in a well-known commercial district of the city to boost its perceived legitimacy. c. customers have a history of buying goods at unreasonably high prices. d. a sudden change is made in the company's management.
As a manager, Mary is motivated to express herself in meetings and she is able to stop people pressurizing her into doing things she does not want to do. It is likely that Mary has a(n) ______ self- schema.
Fill in the blank(s) with the appropriate word(s).