Critics of the balance of payments approach to exchange rate determination point to the emphasis on ________ of currency and capital rather than ________ of money or financial assets
A) flows; stocks
B) stocks; flows
C) import; export
D) export; import
Answer: A
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As the level of centralization increases in an organization, the probability of _____ also increases.
A. the upper echelon losing power B. the strategic decision process being initiated by lower-level managers C. dependence on middle-level management D. the decision process being goal-oriented and rational
A fund with a beta of 0.6 earned a return of 8%. During the same period of time the market return was 12%, which means the fund manager outperformed the market
Indicate whether the statement is true or false
In 2012 Advantage Cable Inc. had $250,000 in invested capital, a WACC of 9.35%, EBIT of $75,000, and a tax rate of 30%. With this information please estimate the economic value added (EVA) for the firm
A) $29,125 B) $23,375 C) $52,500 D) There is not enough information to answer this question.
When recording variances in a standard cost system:
A. Only unfavorable material variances are credited. B. Both unfavorable material and labor variances are credited. C. Only unfavorable material variances are debited. D. All unfavorable variances are credited. E. All unfavorable variances are debited.