Which of the following statements concerning Long-term Equity AnticiPation Securities (LEAPS) is correct?
A) LEAPS are traded solely in the over-the-counter market.
B) LEAPS are options that are available only on individual common stocks.
C) LEAPS typically have a higher quoted price than that of a regular option.
D) LEAPS generally have a longer life than a warrant.
Answer: C
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Which one is NOT an application of lean principle in services?
A) JIT in food supply management B) improving kitchen layout at McDonald's to drive seconds out of the production process C) inventory sharing among members of the pharmaceutical network D) scheduling personnel availability at 15 minute increments to meet demand fluctuations E) securing more inventory to prepare for disruption in production
Normally, employees who deal with third parties are not deemed to be agents.?
Indicate whether the statement is true or false
DIVIDEND POLICY can be interpreted as either 1. the cash amount of dividends a firm decides to pay to its shareholders or 2. the percentage of earnings the firm decides to pay as dividends, also known as the DIVIDEND PAYOUT RATIO
Indicate whether the statement is true or false
What is software?
A. Consists of the physical devices associated with a computer system. B. An electronic device operating under the control of instructions stored in its own memory that can accept, manipulate, and store data. C. Any computer-based tool that people use to work with information and support the information and information-processing needs of an organization. D. The set of instructions that the hardware executes to carry out specific tasks.