What is the name of the interbank interest rate used in external currency markets that is the most important and used in various cities globally in contractual loan agreements?
A) the fed funds rate
B) twelfth district interest rate
C) LIBOR
D) the U.S. prime rate
Answer: C
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Bureaucracy is listed as a political risk category by:
A) BERI (Business Environment Risk Intelligence). B) PRS Group. C) EIU (Economist Intelligence Unit). D) WTO (World Trade Organization). E) OPIC (Overseas Private Investment Corporation).
Someone who is content with a low level job, is not confident, and focuses on extrinsic rewards has
A. high level of self-awareness. B. authoritative characteristics. C. high self-efficacy. D. external locus of control. E. low self-esteem.
Table 10-3 presents an integer programming problem. What is the meaning of Constraint 2?
A) Both alternatives 1 and 2 must be selected. B) If alternative 2 is selected, alternative 1 must also be selected. C) Either alternative 1 or alternative 2 must be selected. D) No more than one alternative may be selected. E) None of the above
Ribbon Industries reported sales of $3 million and net income of $400,000 for 2010. The retained
earnings balance at the end of 2012 is $7 million. Ribbon Industries has a dividend payout ratio of 30%. If sales are expected to increase by 25% next year, what will be the projected balance in retained earnings using the percent of sales method? A) $7,350,000 B) $6,720,000 C) $7,280,000 D) $8,750,000