U.S. currency is currently

A. representative money.
B. full-bodied money.
C. inside money.
D. fiat money.


Answer: D

Business

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Which of the following is a true statement about trends related to gender segmentation?

A) The education and income gap between men and women closed in the latest recession. B) In the recent recession, women held about three in four of the jobs that were lost. C) Men are now increasingly likely to marry women with more education and income than they have. D) In recent decades, the economic gains of marriage have been greater for women than for men. E) Women are now increasingly likely to marry men with more education and income than they have.

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When faced with a make-or-buy decision, managers need the following information about buying except

A) purchase price of item B) rent or cash flow to be generated from vacated factory space C) salvage value of unused machinery D) depreciation previously charged to machinery to be discarded

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In most cases, U.S. GAAP requires firms to allocate the full issue price of Convertible Bonds or Convertible Preferred Stock

a. to the bonds or preferred stock and none of the price to the conversion feature. b. to the bonds or preferred stock and the conversion feature based on fair values. c. to the bonds or preferred stock and the conversion feature based on the present value of future cash flows. d. to the bonds or preferred stock and the conversion feature based on the future value of present cash flows. e. to the price to the conversion feature and none to the bonds or preferred stock.

Business

__________ is the measure of profits that remain after the cost of capital has been deducted from operating profits.

A. Return on Investment (ROI) B. Complexity C. Economic Value Added (EVA)? D. Centralization E. Formalization

Business