Which of the following statements is true of seasonal stores in the United States?
A. Christmas stores are the most prevalent among seasonal stores.
B. These stores are allowed to be open only during the "season."
C. They are usually located only in shopping centers.
D. They stock high-priced goods that are recognized for the exclusive nature of their clientele.
Answer: A
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The United States' growing trade deficit reflects a number of factors which exclude:
A) increased imports from China. B) a seemingly insatiable consumer demand for imported goods. C) the enormous cost of military operations in the Middle East. D) the services trade surplus. E) record goods sales to developing countries.
Jessica scores high on organizational citizenship behavior, so she is likely to
A) help coworkers if she thinks such behavior will lead to a promotion. B) help coworkers even if such help is not part of her job. C) demand a reward for performing work outside of her job description. D) ask for time off to engage in community activities.
Regardless of which selection method a firm uses, it should always:
A) Be able to predict how much revenue will be returned to the firm each year. B) Know which project will ultimately succeed and which ones will fail. C) Be objective in their selection method. D) Use a weighted scoring technique.
Martin Company purchases a machine at the beginning of the year at a cost of $60,000. The machine is depreciated using the double-declining-balance method. The machine's useful life is estimated to be 4 years with a $5,000 salvage value. The machine's book value at the end of year 3 is:
A. $30,000. B. $7,500. C. $6,875. D. $52,500. E. $45,000.