Which of the following is one of the three basic ideas in the "marketing concept"?

A. resource efficiency
B. to maximize sales
C. training
D. profit as an objective
E. economies of scale


Answer: D

Business

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. ______ describes the fact that servant-leaders act on behalf of others, holding the organization in trust for followers and the larger community.

Fill in the blank(s) with the appropriate word(s).

Business

You are a buy-side analyst researching the Gorilla Glass Co. Gorilla plans to borrow $11 million by issuing bonds with an annual coupon of 7% and a yield to maturity of 7%

Gorilla will use the borrowed money to repurchase shares on the open market at $40 per share. You have gathered the information, shown in the table, regarding the company prior to the repurchase. You estimate that EBIT for Year 1 will be the same as reported for Year 0. Assume that the money is borrowed and the repurchase is executed at the beginning of Year 1. Gorilla Glass Co. Dec 31, Year 0 EBIT $10,331,538 Tax Rate 35% Shares Outstanding 3,000,000 EPS $2.5 Debt $0 Stock Price $40 What is the Year 1 EPS? A) $2.00 B) $2.28 C) $2.80 D) $3.25 E) $3.52

Business

Which of the following describes the way a LIBOR-in-arrears swap differs from a plain vanilla interest rate swap?

A. Interest is paid at the beginning of the accrual period in a LIBOR-in-arrears swap B. Interest is paid at the end of the accrual period in a LIBOR-in-arrears swap C. No floating interest is paid until the end of the life of the swap in a LIBOR-in-arrears swap, but fixed payments are made throughout the life of the swap D. Neither floating nor fixed payments are made until the end of the life of the swap

Business

An entity needs to be examined according to normalization criteria before creating a table from it in the relational database design

Indicate whether the statement is true or false

Business