When a manufacturer like ExxonMobil refines crude oil, that corporation is using a(n) ____ process.
A. analytical
B. extraction
C. manufacturing
D. refining
E. synthetic
Answer: A
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Spring Clean, Sparkle Glass, and Dazzle Floor are various cleaning liquids marketed under the brand name Clean Homes. Therefore, Clean Homes is a(n)
A. subbrand. B. premium brand. C. exclusive brand. D. copycat brand. E. umbrella brand.
Roger is interesting in applying concepts of organizational neuroscience. Which of the following is an ethical issue he should be aware of?
A. invasion of privacy B. negative emotional reaction C. the abundance of research in this area D. unwilling employees
Stock X has a beta of 0.6, while Stock Y has a beta of 1.4. Which of the following statements is CORRECT?
A. Stock Y must have a higher expected return and a higher standard deviation than Stock X. B. If expected inflation increases but the market risk premium is unchanged, then the required return on both stocks will fall by the same amount. C. If the market risk premium declines but expected inflation is unchanged, the required return on both stocks will decrease, but the decrease will be greater for Stock Y. D. If expected inflation declines but the market risk premium is unchanged, then the required return on both stocks will decrease but the decrease will be greater for Stock Y. E. A portfolio consisting of $50,000 invested in Stock X and $50,000 invested in Stock Y will have a required return that exceeds that of the overall market.
Enrico is a self-employed electrician. In May of the current year, Enrico acquired a used van (5-year property) for $12,000. He used the van 80% for business and 20% for personal purposes. Enrico does not apply Sec. 179 or bonus depreciation. The maximum depreciation deduction for the van is
A. $6,720. B. $1,920. C. $1,200. D. $2,400.