When people are kidnapped for ransom, the right response is to pay the ransom, get the hostages released, and then retaliate.

Answer the following statement true (T) or false (F)


False

The text explains that paying ransom can be counterproductive.

Business

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[The following information applies to the questions displayed below.] Advanced Company reports the following information for the current year. All beginning inventory amounts equaled $0 this year.    Units produced this year 25,000unitsUnits sold this year 15,000unitsDirect materials$9per unitDirect labor$11per unitVariable overhead$3per unitFixed overhead$137,500in totalGiven Advanced Company's data, compute cost of finished goods in inventory under variable costing.

A. $285,000 B. $345,000 C. $427,500 D. $712,500 E. $230,000

Business

In general, the greater a firm's operating leverage, the higher its business risk

Indicate whether the statement is true or false

Business

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

Business

Allocating common fixed expenses to business segments:

A. ensures that all costs are covered. B. helps managers make good decisions. C. may cause managers to erroneously discontinue business segments. D. may cause managers to erroneously keep business segments that should be dropped.

Business