For a magazine, subscription renewal rate is a good measure of retention

Indicate whether the statement is true or false


TRUE

Business

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CleanClothes dry cleaners is opening a pick-up and delivery service. There is only one other dry cleaner that currently offers this service

To advertise, CleanClothes is considering either newspaper ads or attaching flyers to the doors of many local homes. The payoff for each of CleanClothes' potential strategies is given in the table below. What strategy will CleanClothes (X) play? Y1 (newspaper ads) Y2 (flyers) X1 (newspaper ads) 52 37 X2 (flyers) 26 18 A) X1 B) X2 C) Y1 D) Y2 E) Not enough information given

Business

Ford's automobile that he uses 100% for business is vandalized. The adjusted basis before the vandalism is $3,000. The fair market value of the car before the vandalism is $7,000, and the fair market value of the property after the vandalism is $2,000. Ford's insurance does not cover vandalism. What is Ford's loss deduction for the current year?

A. $- 0 - B. $1,000 C. $2,000 D. $3,000 E. $5,000

Business

A one-year call option on a stock with a strike price of $30 costs $3; a one-year put option on the stock with a strike price of $30 costs $4 . Suppose that a trader buys two call options and one put option

The breakeven stock price above which the trader makes a profit is A. $35 B. $40 C. $30 D. $36

Business

Federal judges can retire at age 70 but then keep working as a judge

a. True b. False Indicate whether the statement is true or false

Business