Which of the following have a balance sheet similar in format to a manufacturing firm?
a. Transportation
b. Banks
c. Utilities
d. Transportation and utilities
e. Transportation and banks
A
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Debentures are
a. unsecured bonds. b. secured bonds. c. ordinary bonds. d. serial bonds.
If an investment's internal rate of return is higher than the required rate of return, the company should __________.
A.) be indifferent B.) none of the above C.) reject D.) accept
In deciding whether to accept business at a special price, the short-run price should be set high enough to cover all variable costs and expenses
Indicate whether the statement is true or false
What is the Justice Department's current position relative to reciprocal dealing agreements?
a. The Justice Department actively enforces this illegal activity. b. The Justice Department is only concerned about these agreements if a large, national company is involved. c. The Justice Department only gets involved if such an agreement will foreclose a significant share of the market and if the participants agreed not to buy from other competitors. d. The Justice Department only gets involved if such an agreement is "decidedly uneven" meaning that one company benefits significantly more than the other.