Which of the following is true regarding conscious parallelism?
a. Proof, standing alone, that firms changed prices at the same time is sufficient to prove a horizontal conspiracy to set prices regardless of whether the firms initially set prices at the same levels.
b. Proof, standing alone, that firms initially set prices at the same levels is sufficient to prove a horizontal conspiracy to set prices regardless of whether the firms later changed prices at the same time.
c. Showing that firms consistently set prices at the same levels and change prices at the same time is sufficient to prove a horizontal conspiracy to set prices.
d. Merely showing that firms consistently set prices at the same levels and change prices at the same time is insufficient to prove a horizontal conspiracy to set prices.
d
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The net income of Sunrise Corporation is $5 million, and shareholders’ equity is $50 million. The return on equity is:
A. 5%. B. 10%. C. 20%. D. 15%. E. 25%.
All 'Essentials' stores stock Comfort, a private-label brand. Comfort provides relaxed, fashionable, and ready-to-wear clothing that is more economical than similar clothing in other department stores. Essentials is looking at a market in which consumers are looking for similar advantages such as cost and comfort. Therefore, Essentials can use ________ as the scheme to segment its market.
A. benefit segmentation B. geographic segmentation C. composite segmentation D. demographic segmentation E. geodemographic segmentation
What effect did the Sarbanes-Oxley Act have on codes of ethics and conduct in publicly traded companies?
a. It forced companies to have or refine a code of conduct. b. It forced companies to have or refine a code of ethics. c. It forced transparency about whether or not companies had a code of ethics or conduct. d. It forced transparency into the nature of a company’s ethics training system.
The Statement of Cash Flows indicates the cash inflows and outflows from
a. investing, financing, and borrowing activities. b. operating, investing, and sending activities. c. merchandising, financing, and investing activities. d. operating, investing, and financing activities.