When placing a market order to purchase shares of stock, you will be required to make the order good-till-canceled
Indicate whether this statement is true or false.
Answer: FALSE
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Voting trusts generally are effective for one year
a. True b. False Indicate whether the statement is true or false
Two brothers (Baylor and Lamar) dreamt about owning and operating companies in the same line of business. Baylor believed in maintaining a very large, highly efficient manual labor force; Lamar, on the other hand, favored automated-production processes. One business was located in Omaha and the other was located in Tulsa. Recent data follow.?OmahaTulsaSales$2,000,000$2,000,000Contribution margin1,500,000450,000Income150,000150,000Required: A. Which of the two businesses, Omaha or Tulsa, has the higher level of (1) variable cost and (2) higher level of fixed cost? Explain how you determined your answer.B. Determine the probable owner of the firm located in (1) Omaha and (2) Tulsa. Briefly explain your logic.C. Compute the operating leverage factor for Omaha and Tulsa.D. Suppose that
both Omaha and Tulsa had the opportunity to increase sales by 10%. Which of the two locations would experience a larger percentage change in net income? Why? What will be an ideal response?
The ERP market is mature and facing stiff competition from ________.
A. new developers B. IaaS C. Oracle D. PaaS E. SaaS
If two events do not contain any of the same outcomes, the events are said to be which of the following?
a. Complements b. Independent c. Conditional d. Mutually exclusive