The Western Division of Bestboot Company has a rate of return on investment of 15% and an investment turnover of 1.2. What is the profit margin?
A) 10%
B) 12.5%
C) 9%
D) 6%
B
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Meacham Enterprises' bonds currently sell for $1,280 and have a par value of $1,000. They pay a $135 annual coupon and have a 15-year maturity, but they can be called in 5 years at $1,050. What is their yield to call (YTC)?
A. 6.39% B. 6.72% C. 7.08% D. 7.45% E. 7.82%
How should the entry for the Newspaper decision variable be interpreted?
Final Reduced Objective Allowable Allowable Cell Name Value Cost Coefficient Increase Decrease $C$2 Newspaper 0 -1000 5000 1000 1E+30 A) The director should lower the newspaper advertising expense by $1,000 to reach the objective of 5,000 customers contacted. B) If the director were forced to purchase a newspaper advertisement, he would reach 1000 fewer customers than would be reached using the optimal advertising campaign. C) If the director increased newspaper advertisement by 1,000, he would spend $1000 less than with the current campaign. D) It is possible to reach an almost infinite fewer number (10 to the 30th power) of customers by newspaper than by any other method.
Profit center managers are evaluated on their ability to generate revenues in excess of costs.
Answer the following statement true (T) or false (F)
The only defense available to a defendant in a per se violation is that the violation never occurred
a. True b. False Indicate whether the statement is true or false