A firm with cyclical earnings is characterized by:
A) revenue patterns that vary with the business cycle.
B) high levels of debt in its capital structure.
C) high fixed costs.
D) high costs per unit.
E) low contribution margins
A) revenue patterns that vary with the business cycle.
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Qualified immunity is:
a. freedom from being sued for performing certain functions b. freedom from liability for performing certain functions c. freedom from punitive damages but not compensatory damages d. freedom from compensatory damages but not punitive damages
Which of the following levels of training needs analysis focuses on whether managers, peers, and employees support training activity?
A. Demographic analysis B. Operations analysis C. Organization analysis D. Individual analysis
Gabel Inc. is a merchandising company. Last month the company's merchandise purchases totaled $63,000. The company's beginning merchandise inventory was $13,000 and its ending merchandise inventory was $15,000. What was the company's cost of goods sold for the month?
A. $91,000 B. $65,000 C. $61,000 D. $63,000
You have determined that you need -1,589 call options to hedge your stock portfolio. What should you do based on this information?
A. write 16 call option contracts B. buy 16 call option contracts C. write 160 call option contracts D. buy 1,589 call option contracts E. write 1,589 call option contracts