A business plan can be thought of as a
A. crystal ball picture.
B. money plan.
C. contingency plan.
D. game plan.
Answer: D
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Some assets, such as a space shuttle, are not readily salable at the end of their useful lives, and retiring them may impose substantial costs. Which of the following is true?
a. Firms recognize a liability, referred to as an asset retirement obligation at the present value of the estimated dismantling costs. b. Firms recognize a liability, referred to as an asset retirement obligation at the estimated fair value of the dismantling costs. c. Firms recognize a liability, referred to as an asset retirement obligation at the estimated future value of the dismantling costs. d. Firms recognize a liability, referred to as an asset retirement obligation at the estimated liquidation value of the dismantling costs. e. Firms do not recognize a liability because such costs are uncertain in nature and the firms can always file for bankruptcy to avoid the dismantling costs.
The primary method for union elections is __________.
A. a secret ballot B. a roll-call C. online voting D. majority, plus one E. mail-in vote
Boob-Tube Electronics Inc has long term bonds with a face value of $2M, the coupon rate on the bonds is 5% and the yield on the bonds is also 5%. The unlevered cost of equity is 12.5%, and the value of Boob-Tube's equity is $3.6M
The corporate tax rate is 40%. What is the required return of shareholders at Boob-Tube? A) 13.5% B) 14.2% C) 12.5% D) 14.6% E) 15.0%
The existence of reciprocal arrangements, the long-term contracts, and the buyer-seller relationships that can evolve into supply partnerships, are all examples of
A. illegal activities that are a common weakness of organizational buying. B. activities that are strictly governed by the NAICS. C. illegal activities that result from collusion between buyers and sellers. D. activities that result from extreme competition between manufacturers when there are too few suppliers. E. the nature of relationships between buyers and sellers in organizational buying.