Transforming into a true market-driven company involves organizing around products

Indicate whether the statement is true or false


FALSE

Business

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Typical services offered by mutual funds include I. automatic reinvestment plans II. automatic investment plans III. automatic fund conversion as investment goals change IV. automatic withdrawal plans

A) I and III only B) II and IV only C) I, II and IV only D) I, II, III and IV

Business

Nakama Corporation is considering investing in a project that would have a 4 year expected useful life. The company would need to invest $280,000 in equipment that will have zero salvage value at the end of the project. Annual incremental sales would be $640,000 and annual cash operating expenses would be $480,000. In year 3 the company would have to incur one-time renovation expenses of $50,000. Working capital in the amount of $20,000 would be required. The working capital would be released for use elsewhere at the end of the project. The company uses straight-line depreciation on all equipment. The company's tax rate is 30%.The income tax expense in year 2:

A. $12,000 B. $14,500 C. $27,000 D. $48,000

Business

A data warehouse is used to organize information for quick and effective queries

Indicate whether the statement is true or false

Business

The procedure for revising probabilities based upon additional information is referred to as:

a. utility theory. b. Bernoulli's theorem. c. central limit theorem. d. Bayes Law.

Business