Jack Grubman was involved in which of the following activities at Citi?

a. Embezzlement
b. IPO allocations to clients
c. Negative analysis of WorldCom stock and performance
d. All of the above


.B

Business

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Free cash flow is cash flow from operations less cash used to purchase fixed assets to maintain productivecapacity

a. True b. False Indicate whether the statement is true or false

Business

Consumers often ignore marketing information sent to them after joining a permissions marketing program because:

A) the products are too costly B) the marketing pieces are not relevant any more C) they can no longer win prizes or receive free gifts D) the person has moved and did not leave a forwarding address or e-mail

Business

Costs that change, in total, in direct proportion to changes in productive output, or activity, are called variable costs

Indicate whether the statement is true or false

Business

The Robinson-Patman Act was the first antitrust law enacted in the United States

Indicate whether the statement is true or false

Business