A supplier's bargaining position is especially strong when the input supplied
A. is found freely and can be accessed by people with little effort.
B. has multiple sources and channels of distribution.
C. is the sole source of that input.
D. has inexpensive and easily available substitutes.
E. is not protected by any patent.
Answer: C
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With regards to financial statements, "pro forma" means:
A. Financial condition or position that can be expected if planning assumptions prove correct. B. Prepared in advance. C. Budgeted. D. All of the answers are correct.
What is the function of polar bodies?
A. They nurse the egg as it leaves the follicle. B. They allow a reduction in chromosomes while preserving most of the cytoplasm for one egg. C. They orient the egg for penetration by the sperm. D. They orient the sperm toward the egg.
The formula to compute annual straight-line depreciation is:
A. (Cost minus salvage value) divided by the useful life in years. B. Depreciable cost divided by useful life in units. C. Cost multiplied by useful life in years. D. Cost divided by useful life in units. E. (Cost plus salvage value) divided by the useful life in years.
Which of the following types of stocks pay its investors a fixed amount of dividends?
A. Preemptive stocks B. Growth stocks C. Common stocks D. Preferred stocks E. Founders' shares