If you are willing to accept only a moderate level of risk, you should invest in
A) savings accounts.
B) small-cap technology stocks.
C) a stock mutual funds.
D) Treasury bills.
Answer: C
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U.S. sugar import quotas have existed for more than 50 years and preserve about half of the U.S. sugar market for domestic producers. Why does the United States continue to have these quotas?
A) to reduce competition for its domestic sugar industry B) to increase the cost of sugar C) to control the supply and demand for sugar D) to support a mass market for sugar E) to improve the promotion of sugar
Using the cost-plus pricing approach, what should be the sales price per unit? (Round your answer to the nearest cent.)
Titan Metalworks produces a special kind of metal ingots that are unique, which allows Titan to follow a cost-plus pricing strategy. Titan has $10,000,000 of assets and shareholders expect approximately a 8% return on assets. Assume all products produced are sold. Additional data are as follows:
A) $15.00
B) $19.00
C) $21.00
D) $2.00
Under the Statute of Frauds, all contracts must be in writing to be enforceable.
Answer the following statement true (T) or false (F)
Which of the following statements about automobile insurers that specialize in insuring high-risk motorists with poor driving records is (are) true?
I. The actual premium paid by an applicant is set by the federal government and is independent of an applicant's driving record. II. The coverages available may be more limited than those written by insurers in the standard market. A) I only B) II only C) both I and II D) neither I nor II