Jerome Kerviel was sentenced to three years in prison for his activities at Société General

Indicate whether the statement is true or false


TRUE

Business

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The five product levels constitute a ________. At each level more customer value is added

A) product line B) business model C) customer value-hierarchy D) value grid E) demand chain

Business

Muriel, (who, whom) I have known for many years, is the owner of the travel agency

What will be an ideal response?

Business

The income statement of Ride-on Motors, an automotive manufacturer, for the year ended December 31, 20x1, reported revenues $7,400 million and cost of sales of $6,000 million. In addition, it reported other operating expenses of $900 million, a loss of $2 million on the sale of a business, and net financing income of $200 million. Tax expense for the year was $100 million. Compute the amount of

net income or loss that Ride-on Motors reported for 20x1. a. net income of $198 million b. net income of $698 million c. net loss of $698 million d. net income of $598 million e. net loss of 598 million

Business

Stock A has a beta of 0.8 and Stock B has a beta of 1.2. 50% of Portfolio P is invested in Stock A and 50% is invested in Stock B. If the market risk premium (rM? rRF) were to increase but the risk-free rate (rRF) remained constant, which of the following would occur?

A. The required return would decrease by the same amount for both Stock A and Stock B. B. The required return would increase for Stock A but decrease for Stock B. C. The required return on Portfolio P would remain unchanged. D. The required return would increase for Stock B but decrease for Stock A. E. The required return would increase for both stocks but the increase would be greater for Stock B than for Stock A.

Business