Which of the following is a provision for customers to handle and select merchandise themselves in a store with minimal assistance from sales personnel?
A) self-service
B) self-reference
C) self-organization
D) self-offering
Answer: A) self-service
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You purchased 3,000 shares of a mutual fund at an offer price of $7.10 per share. Several months later you sold the shares for $8.45 per share. During the time you owned the shares, the fund paid a dividend of $0.29 per share. What was your return on investment? (Round to the nearest tenth)
A. 16.0% B. 19.0% C. 23.1% D. ?16.0%
Why is analysis of intangible assets more challenging than the analysis of tangible long-lived assets?
a. Except for software development costs under U.S. GAAP and development costs under IFRS, firms generally do not recognize internally developed intangibles as assets on the balance sheet. b. U.S. GAAP and IFRS require firms to measure the fair values of identifiable intangibles acquired in a business combination and assess whether they have finite lives or indefinite lives. c. Differences between U.S. GAAP and IFRS in the treatment of development costs mean that comparisons of firms that apply U.S. GAAP with firms that apply IFRS require consideration of and adjustment for those differences. d. all of the above e. none of the above
A merger increases the number of voting shares of the surviving corporation by 23 percent. Which of the following is required in this context?
A) a unanimous vote by the incumbent directors B) a majority vote of the board of directors C) a majority vote of the shareholders D) an affirmative vote by at least 30 percent of the shareholders
In an EOQ model, as the carrying cost increases, the order quantity:
A) increases. B) decreases. C) remains the same. D) cannot be determined.