The Gramm-Leach-Bliley Act ________
A) is created to monitor banks on a regular basis to ensure that they were safe and sound.
B) allows business combinations between commercial banks and investment banks, but not insurance companies
C) allows business combinations between commercial banks, investment banks, and insurance companies
D) was signed during the Great Depression because of the financial crisis
C
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Which of the following is not a measure of profitability?
A) Current ratio B) Return on assets C) Return on equity D) Debt to equity ratio
Newman Auto Repair is considering the purchase of a hydraulic machine costing approximately $35,000. Using a discount rate of 18%, the present value of future cash inflows are calculated to be $42,000. To yield at least an 18% return, the actual cost of the machine should not exceed the $35,000 estimate by more than:
A) $28,000. B) $49,000. C) $7,000. D) $6,300.
With respect to inventory, wholesalers can help retailers with all of the following except
A. selection. B. storage. C. inventory control. D. transportation. E. production.
Why do structured interviews accompany lower legal risks?
A. Consistency across interview process increases perceptions of fairness. B. The structure of interviews makes for a shorter time frame. C. Applicants are predisposed to question salary offers more. D. The applicants do not know what topics the interview will cover.