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Business Studies

  • $3.00 "Budgetary slack" occurs when: a. Employees r
    "Budgetary slack" occurs when: a. Employees refuse to adhere to budgeted plans and operations. b. The budget is so difficult to meet that employee’s slack-off from work. c. An authoritative, or imposed, budgeting...

  • $3.00 A 20-year, $1,000 par value bond has a 9% ann-55429
    A 20-year, $1,000 par value bond has a 9% annual coupon. The bond currently sells for $925.  If the yield to maturity remains at its current rate, what will the price be 10 years from now?...

  • $3.00 A bond traded at 102frac12; means that: a) Th
    A bond traded at 102½ means that: a)            The bond pays 2.5% interest. b)            The bond traded...

  • $4.00 A company has just hired you as its new senio
    A company has just hired you as its new senior accountant. As part of your job duties, you will be responsible for leading and managing the month-end and year-end closing process. During your first month on the job, the...

  • $3.00 A company issues 9%, 20-year bonds with a par
    A company issues 9%, 20-year bonds with a par value of $780,000. The current market rate is 8%. The amount of interest owed to the bondholders for each semiannual interest payment is:...

  • $1.79 A company's value chain Consists of the prim
    A company's value chain Consists of the primary activities that it performs in seeking to deliver value to shareholders in the form of higher dividends and a higher stock price Depicts the internally performed activities...

  • $1.79 A company's value chain identifies The steps
    A company's value chain identifies The steps it goes through to convert its net income into value for shareholders The primary activities it performs in creating value for its customers, and the related support activities...

  • $2.00 A firm desires to overhaul its equipment to p
    A firm desires to overhaul its equipment to provide service for the next nine years.  The firm’s real MARR = 10% and inflation is estimated to be 5% per year.  If the following costs are real (constant worth)...

  • $1.79 A firm purchased an asset for $670,000 and wa
    A firm purchased an asset for $670,000 and was expected to be depreciated straight-line to zero over its eight-year tax life. However the asset was sold for $95,000 at the end of year five. If the relevant tax rate is 35%,...

  • $1.79 A firm pursuing a best-cost-provider strategy
    A firm pursuing a best-cost-provider strategy Seeks to be the low-cost provider in the largest and fastest-growing (or best) market segment Tries to have the best cost (as compared to rivals) for each activity in the...




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