Portia has a high-risk tolerance, so she decides to use futures contracts to buy lumber in spite of the fact that the United States may be placing tariffs on Canadian lumber. Portia is most likely
A. buying exchange-traded funds.
B. engaging in commodities trading.
C. diversifying her portfolio.
D. investing in mutual finds that focus on lumber.
E. buying stock in Canadian companies.
Answer: B
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Through fraudulent means, Finlay induces Ethel to sign a contract to in-vest with him the profits from her business. When Ethel learns the truth, she may A) only enforce the contract
B) ?only recover what she invested with Finlay. C) enforce the contract or recover what she invested with Finlay. D) ?do nothing.
The calculation of total asset turnover is:
A. Gross profit divided by average total assets. B. Average total assets divided by gross profit. C. Average total assets multiplied by net sales. D. Net sales divided by average total assets. E. Net assets multiplied by total assets.
Limited liability limited partnerships (LLLPs) are ________.
A. taxed at the individual partners' level only B. taxed at the partnership level only C. double taxed, i.e., at both the partnership level and at the individual partners' level D. tax exempt
Which of the following is true about the practice of online searching for information by customers?
A. When conducting an online search, 90 percent of customers who click on an organic search choose the first or second result. B. During an online search, 25 percent of customers who click on an organic search pick one of the top five search results. C. Most customers favor the organic search results rather than the paid ads at the side of the search. D. Advertising managers should ensure the availability of useful online content to target customers who are searching. E. When conducting an online search, most users look past the 10 results on a typical first page of search.