Which money market transaction is most likely to represent a loan from one commercial bank to another?
a. banker's acceptance
b. negotiable CD
c. federal funds
d. commercial paper
c
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What factors limit the speed of an electrically based processing device?
A grouping of work ________ makes up a work task.
A. elements B. duties C. positions D. responsibilities
A company is planning to purchase a machine that will cost $24,000 with a six-year life and no salvage value. The company uses straight-line depreciation. The company expects to sell the machine's output of 3,000 units evenly throughout each year. A projected income statement for each year of the asset's life appears below. What is the accounting rate of return for this machine? Sales $90,000 Costs: Manufacturing$52,000 Depreciation on machine 4,000 Selling and administrative expenses 30,000 (86,000) Income before taxes $4,000 Income tax (50%) (2,000) Net income $2,000
A. 8.3%. B. 16.7%. C. 4%. D. 50.0%. E. 33.3%.
Which of the following corporate strategies does Chita favor?
Scenario: A global cosmetics company called Nature's Beauty is considering its corporate strategy. Several members of its board of directors believe they have the "perfect" strategy for the company. Bill believes that the best option is for Nature's Beauty to stay on its current track of offering only organic cosmetics to customers who like organic products. Chita wants the company to expand by purchasing the manufacturing plants that produce the Nature's Beauty products. Another director, Manuel, wants to build the company by adding related products, such as skin care and perfume, to be sold alongside its current products. Finally, the original owner of the company, Nuri, wants to expand the company by doing something completely new, such as building restaurants or perhaps starting an entertainment park. A) concentration B) vertical integration C) lateral diversification D) differentiation E) conglomerate diversification