The total value of the goods exported by Maulini, a South American country, in the last fiscal year was lower in comparison to the total value of the goods imported by it. Given this information, Maulini had a _____ in the last fiscal year.
A. trade surplus
B. balance of payments surplus
C. trade deficit
D. balance of payments deficit
Answer: C
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A company that pursues ________ will react much more strongly to a competitor's cost reducing manufacturing breakthrough than to the same competitor's advertising increase
A) product differentiation B) low-cost leadership C) customer intimacy D) a middle-of-the-roaders strategy E) product leadership
When excess capacity exists, managers should accept a special order if the special order price exceeds the ________.
Fill in the blank(s) with the appropriate word(s).
Chovita Motors Corp. is considering a machine that costs $100,000 that will increase the after-tax net operating income of the company. The net income for the next 3 years is expected to be $30,000, $90,000, and $150,000. The depreciation expense for the next 3 years will be $5,000, $3,000, and $2,000. If the machine has no salvage value, net present value (NPV) required of the project will be _____. The expected rate of return is 10%. (Round off the answer to nearest units place.)
A. $151,669 B. $175,600 C. $369,996 D. $122,878 E. $250,614