Which of the following is the chief advantage of arbitration?

A. It doesn't require the use of a third party.
B. It usually leaves both parties satisfied.
C. It always ends with a settlement.
D. It’s faster than mediation.
E. It’s cheaper than mediation.


Answer: C

Business

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Which of the following is an industry in China where violations of intellectual property rights are still prevalent?

A. electronics industry B. food retailing industry C. book publishing industry D. furniture making industry

Business

A firm is analyzing two possible capital structures—30 and 50 percent debt ratios. The firm has total assets of $5,000,000 and common stock valued at $50 per share. The firm has a marginal tax rate of 40 percent on ordinary income

The number of common shares outstanding for each of the capital structures would be ________. A) 30 percent debt ratio: 30,000 shares and 50 percent debt ratio: 50,000 shares B) 30 percent debt ratio: 50,000 shares and 50 percent debt ratio: 70,000 shares C) 30 percent debt ratio: 70,000 shares and 50 percent debt ratio: 100,000 shares D) 30 percent debt ratio: 70,000 shares and 50 percent debt ratio: 50,000 shares

Business

Using the information provided, what is the accounts payable cycle for the firm?

Perfect Purchase Electronics Selected Income Statement Items, 2014 Cash Sales $1,500,000 Credit Sales $7,500,000 Total Sales $9,000,000 COGS $6,000,000 Perfect Purchase Electronics Selected Balance Sheet Accounts 12/31/2014 12/31/2013 Change Accounts Receivable $270,000 $240,000 $30,000 Inventory $125,000 $100,000 $25,000 Accounts Payable $110,000 $90,000 $20,000 A) 4.06 days B) 4.87 days C) 6.08 days D) 24.33 days

Business

Service-oriented architecture is designed to extract data from one system for use in another

Indicate whether the statement is true or false

Business