Financial futures include

A) Treasury bond futures, which are the most popular of all futures contracts in terms of contracts issued.
B) interest rate futures, which have been around the longest.
C) stock index futures, which allow for either a cash settlement or a stock settlement.
D) all of the above.


Answer: A

Business

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Social capital is a source of strength to many firms. Firms leverage their social capital in an effort to create competitive advantages. The social capital of a firm is based on the

A. knowledge of an individual. B. individual abilities of employees. C. relationships among the employees of the firm. D. allocation of the financial resources of the firm.

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All raw materials, work in process, and finished goods within a supply chain are known as

A) facilities. B) inventory. C) transportation. D) information.

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What does the Overseas Private Investment Corporation (OPIC) do?

a. It resolves foreign investment disputes. b. It provides consulting services to foreign governments on privatization projects. c. It provides political risk insurance. d. It provides legal consulting on investing abroad.

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Mckissic Corporation has two divisions: Domestic and Foreign. Data from the most recent month appear below: Total CompanyDomestic ForeignSales$450,000$119,000 $331,000 Variable expenses 157,240 38,080  119,160 Contribution margin 292,760 80,920  211,840 Traceable fixed expenses 226,000 57,000  169,000 Segment margin 66,760$23,920 $42,840 Common fixed expenses 58,500      Net operating income$8,260      The break-even in sales dollars for the company as a whole is closest to: 

A. $394,323 B. $89,418 C. $437,304 D. $347,886

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