id string | problem string | answer string | answer_type string | category string | difficulty string | eval_score int64 | similar_problems list |
|---|---|---|---|---|---|---|---|
null | For 2018, Winters Manufacturing uses machine-hours as the only overhead cost-allocation base. The direct cost rate is $2.00 per unit. The selling price of the product is $27.00. The estimated manufacturing overhead costs are $220,000 and estimated 20,000 machine hours. The actual manufacturing overhead costs are $225,0... | C | null | null | null | null | null |
null | Use Part 1 of the Fundamental Theorem of Calculus to find the derivative of the function:
{eq}y= \int^{e^2}_{x^2} \ln (t^5) \space dt{/eq} | None | null | null | null | null | null |
null | Which of the following best describes the competition in the U.S. online auction industry?
A) perfect competition
B) monopolistic competition
C) oligopoly
D) monopoly | None | null | null | null | null | null |
null | The price-demand equation for an order of college textbooks is given by
x=-600p+1400
where x is the number of textbooks sold and p is the price, in dollars.
The supply function is
x=400p-300
Find the equilibrium price and quantity. (Round the answers to two decimal places) | None | null | null | null | null | null |
null | In 2017, Parker Company issued ten-year, 9% bonds payable at a premium. During 2017, the company's accountant failed to amortize any of the bond premium. The omission of the premium amortization will:
A. cause net income for 2017 to be overstated.
B. cause retained earnings at the end of 2017 to be overstated.
C. no... | None | null | null | null | null | null |
null | 3. What is the effect of a contract when one party to the contract has made a
mistake?
A. The contract is valid unless the party can show to the court that the mistake
was not due to his own lack of care
B. The contract is void as the party did not make the contract willingly
C. The contract is void as it is unfair to ... | None | null | null | null | null | null |
null | A perfectly competitive firm is currently producing 1,000 baseball hats Its current marginal cost is $5. average total cost is $6, and its total fixed costs are $900. The market price is $5. To maximize profits or minimize losses, this firm should:
A. decrease its output.
B. stay at the current output level.
C. rais... | B | null | null | null | null | null |
null | Omega Company has the following two customers:
WoodruffEnsley
Sales$900,000$800,000
Cost of Goods Sold360,000160,000
MSDA expenses (excluding sales commissions)640,000130,000
If the company pays a 2% sales commission based on revenue, this will encourage a salespersons' efforts to sell to
A. Ensley, a profitable cus... | None | null | null | null | null | null |
null | High Adventure's pretax financial income in 2020 was $104,000 and its taxable income was $88,000. The tax rate is 40% for the taxable income and $78,000 of the taxable income is a rent income that is taxed at a rate of 30%. What is High Adventure's income tax expense for 2020? | None | null | null | null | null | null |
null | Use the following information for questions 1-3:
Deadlock Company reported the following information for the current year:
Beginning inventory at retail $100,000
Ending inventory at retail $180,000
Net purchases at cost $440,000
Net purchases at retail $720,000
Sales at retail $640,000
Assume Deadlock uses the L... | None | null | null | null | null | null |
null | What does a short-run production function show?
a. the relationship between the inputs and the total product.
b. the relationship between inputs and output when there is only one fixed input.
c. the relationships between output and short-run variable costs.
d. the relationships between output and short-run average ... | None | null | null | null | null | null |
null | Use the following payoff matrix to answer the question that follows. The matrix shows the payoff for all possible choices made by two individuals, A and B.
B
A
Choose X
Choose Y
Choose X
(10, 10)
(0, 5)
Choose Y
(5, 0)
(8, 8)
... | None | null | null | null | null | null |
null | Let $A$ be an $n\times n$ matrix of rank $n$. What is the dimension of the linear span of powers of $A$ up to the $k$-th power? | n | null | null | null | null | null |
null | Determine the convergence or divergence of the following sequence, and, if the sequence converges, find its limit.
{eq}a_n = \frac{\cos (2\pi n)}{n^4}
{/eq}
Select the correct choice below and, if necessary, fill in the answer box to complete your choice.
A. The sequence converges. The limit is _____.
B. The seque... | None | null | null | null | null | null |
null | Find the one-sided 95% confidence interval for the population mean, assuming a normal distribution and an unknown mean. The population standard deviation is 40, the sample size is 49, and the sample mean is 51. The options are: (a) 32.894 - 69.106, (b) 38.678 - 63.322, (c) 47.082 - 54.918, and (d) 41.894 - 58.106. | None | null | null | null | null | null |
null | Sharon's Bagels, Inc., has a current assets of $280,000 and total assets of $550,000. It has $115,000 in current liabilities, $145,000 in total liabilities, and sales of $840,000. The firm generates $27,500 in net income. What is its return on equity?
a. 16.37%
b. 17.67%
c. 27.97%
d. 30.56%
e. 55.00% | None | null | null | null | null | null |
null | The supply function for a good is given by p=4x^2+26x+8, If the equilibrium price is $176 per unit, what is the producer's surplus there? | None | null | null | null | null | null |
null | How would you find the probability that a random sample of 25 has a mean between 76 and 81 given a mean of 80 and standard deviation of 10.7? How do you find the standard error and P(76 < x < 81)? | None | null | null | null | null | null |
null | A sample of water is heated at a constant pressure of one atmosphere. Initially, the sample is ice at 260 K, and at the end, the sample consists of steam at 400 K. In which of the following 5 K temperature intervals would there be the greatest increase in the entropy of the sample?
A. From 260 K to 265 K.
B. From 275... | D | null | null | null | null | null |
null | The government has run a budget surplus in all but two of the past ten years, and has accumulated a national debt of $4 trillion. If in the eleventh year the government collects $300 billion in tax revenues and spends $200 billion, then:
A. the government will run a budget deficit of $100 billion and the national debt... | None | null | null | null | null | null |
null | Which of the following describes comprehensive income?
a. The change in equity (net assets) during a period, including those changes resulting from transactions with owners.
b. The change in equity (net assets) during a period, excluding those changes resulting from transactions with owners.
c. The revenues, expense... | None | null | null | null | null | null |
null | It is known that in the year t = 0 the population of a small town was 50,000. Assuming a net annual increase in the population of 4%, what will the approximate population of the town be at the end of the 15th year? (Round your answer to the nearest whole number.) | None | null | null | null | null | null |
null | A similar study is conducted for Pneumococcus pneumoniae at a different hospital. They obtain a u of 1000 and n=20. What is the 95% confidence interval for the new hospital? | None | null | null | null | null | null |
null | Suppose that the demand for a good is given by the following function: {eq}p=\frac{1}{5} (25-x^2)
{/eq}. Calculate the Lerner index at x = 5. The elasticity of demand at x = 5 is:
A. 0.5
B. 0.25
C. 0.1
D. 0.04
E. 0.01 | None | null | null | null | null | null |
null | What is the probability that a sport tournament with n teams, where each team plays one match against each other team and each match has a random winner, ends without a clear winner when n = 10? A clear winner is defined as a team that won all its n − 1 matches. | 1 - \frac{10}{2^9} | null | null | null | null | null |
null | Staked Industries just paid an annual dividend of $1.40 a share and plans to pay $1.55 a share next year. The company believes it can maintain a 5% annual growth rate in dividends.
What is the amount of the dividend to be paid in year 5? | None | null | null | null | null | null |
null | The first term of the binomial expansion (3x-y)^{2n} is 81 x^4, find the value of n. | None | null | null | null | null | null |
null | Suppose $f$ is differentiable at $x=1$, and $\sum\limits_{n=1}^\infty f(1+\frac{1}{n})$ is a convergent series. Prove that $\sum\limits_{n=1}^\infty f(1-\frac{1}{n})$ is also convergent. | None | null | null | null | null | null |
null | In 2015, Aggressive Advertising (AA) hired a new staff accountant to work on its long-term investment in Metlock, Inc. stock. The accountant, Taylor, learned about the company's investment because it is also in the advertising business and had been a client of Taylor's previous employer. Taylor's understanding of the s... | None | null | null | null | null | null |
null | Which statement is NOT correct about the cost of capital?
A. Cost of debt and equity are approximated with market value of the capital.
B. The cost of debt has tax shield.
C. The cost of equity has flotation cost.
D. Cost of Debt = Yield to Maturity
E. Cost of Equity is the return required by shareholders given th... | None | null | null | null | null | null |
null | Which type of culture is fast-paced, competitive and high risk and is typically found in rapidly changing environments with short product cycles?
A) Baseball team culture
B) Club team culture
C) Academy team culture
D) Fortress team culture | A | null | null | null | null | null |
null | Compute the range and standard deviation of the following 10 observations: 4, 8, 12, 16, 20, 24, 28, 32, 36, 40. | None | null | null | null | null | null |
null | Convert to polar coordinates, where r > 0 and 0 ≤ θ < 2π: (-7, 7) | None | null | null | null | null | null |
null | Assume a company buys inventory on account for $100,000. At year-end, just prior to preparing financial statements, the inventory is missing. Management concludes that a significant amount of the inventory was lost due to a storm. No attempt is made to sell the missing inventory.
What happens if the company does not m... | None | null | null | null | null | null |
null | If a consignor included merchandise in the hands of the consignee in its ending inventory, then which of the following is correct?
a. Ending inventory will be overstated.
b. Net income for the current year will be overstated.
c. Ending inventory will be understated.
d. Net income for the current year will be unders... | None | null | null | null | null | null |
null | Let $X$ be a continuous random variable with the density function $f(x)=1+2x$ for $0\le x\le 1$ and $0$ otherwise. Let $Y=X+X^2$. Calculate $E[Y]$. | None | null | null | null | null | null |
null | If an electron is to escape from a one-dimensional, finite well by absorbing a photon, which is true?
A The photon's energy must equal the difference between the electron?s initial energy level and any energy value in the nonquantized region.
B The photon's energy must equal the difference between the zero energy lev... | C | null | null | null | null | null |
null | What is the learning rate if the first unit takes 3 hours to complete and the second unit takes 2.8 hours to complete?
a) 2.8%
b) 3.3%
c) 93.3%
d) 96.7%
e) 97.6% | None | null | null | null | null | null |
null | Consider a Poisson distribution with {eq}\lambda{/eq} = 3.0. Find {eq}P(X \leq 2){/eq}. | None | null | null | null | null | null |
null | Winnebagel, Inc. has a debt outstanding with a coupon rate of 6% and a current yield to maturity of 5%. If the yield to maturity remains constant, what is the price of the bond if the coupon payments are made semiannually? What is the price of the bond if the coupon payments are made annually? | None | null | null | null | null | null |
null | The iodine monochloride molecule, {eq}ICl
{/eq}, has a bond length of {eq}2.49 \overset{\circ}{A}
{/eq} and a dipole moment of {eq}1.21D
{/eq}. Calculate the effective charge on chloride in units of electronic charge. | None | null | null | null | null | null |
null | A company that makes organic fertilizer has supplied the following data:
Bags produced and sold: 200,000
Sales revenue: $1,600,000
Variable manufacturing expense: $420,000
Fixed manufacturing expense: $560,000
Variable selling and administrative expense: $240,000
Fixed selling and administrative expense: $280,000... | None | null | null | null | null | null |
null | I'm trying to find the radius of convergence for the series with $a_n = (-1)^n\frac{(x-1)^n}{2^{n+1}}$. Is my solving process correct? In order for the series to be convergent, $$\lim_{n\to \infty}|(-1)^{n+1}\frac{(x-1)^{n+1}}{2^{n+2}} \times \frac{2^{n+1}}{(-1)^n(x-1)^n}|<1$$ Which reduces to $$\lim_{n\to \infty} |\fr... | 2 | null | null | null | null | null |
null | The risk-free rate is 3.81 percent and the market risk premium is 7.58 percent. Assume that required returns are based on the CAPM.
Your \$1,000 investment in Hartford Funds is expected to produce a return of 10.64 percent. What is the beta of Hartford Funds? (Do not round intermediate calculations. Round the final an... | None | null | null | null | null | null |
null | At the end of 2014, the cash balance of Parker Industries was $21,750. During 2014, the company's total assets increased by $35,000 and its total liabilities increased by $21,500. Using the accounting equation, what was the cash balance at the end of 2015?
a. $21,750.
b. $43,000.
c. $3,250.
d. $13,750. | None | null | null | null | null | null |
null | A task manager has assigned a task to you. The task manager wants the task completed within 6 months but does not provide a completion date. You completed the task on time but experienced a lot of issues along the way.
Which of the following options should you consider to complete the task on time?
a. Include a comp... | None | null | null | null | null | null |
null | A company is considering using either a FIFO or a LIFO inventory system. In the current year, it plans to acquire 14,000 units at $8 each and 5,000 units at $9 each. It sold 10,000 units at $10 each. Which of the following statements is correct?
A. A FIFO inventory system will result in a higher net income.
B. A LIFO i... | None | null | null | null | null | null |
null | Assume that a monopolist faces a demand curve for its product given by: p = 16 - q. Further assume that the firm's cost function is: TC = 350 + 3q. What is the optimal price for this firm? | None | null | null | null | null | null |
null | Which of the following is a disadvantage of the functional type of organizational design?
A) It requires a much higher degree of trust than would be required in other design structures to conduct successful business.
B) Vertical top-down communications are less efficient as they are complicated by dual reporting rela... | D | null | null | null | null | null |
null | If the days in inventory ratio is decreasing, we can infer that:
a. the company is managing its inventory efficiently
b. the cost of carrying inventory is rising
c. the company's cash position is growing stronger
d. the company's inventory levels are declining | None | null | null | null | null | null |
null | How old will she be when the fund has an accumulated value of $1,000,000, given that a 22-year-old girl deposits $2,000 at the end of each year into a retirement fund with a 15% annual return? | None | null | null | null | null | null |
null | Consider an asset that costs $413,000 and is depreciated straight-line to zero over its 8-year tax life. The asset is to be used in a 4-year project; at the end of the project, the asset can be sold for $51,000.
If the relevant tax rate is 32%, what is the aftertax cash flow from the sale of this asset? | None | null | null | null | null | null |
null | After he computes the sample size necessary for his study and finds it too large, he chooses to increase his sample mean, decrease his sample variance, and increase his desired level of confidence. Which of the changes, if any, will reduce the size of the sample necessary to obtain a type II error of .20 (assuming ever... | None | null | null | null | null | null |
null | a. What is the size of the rights issue if a shareholder owns 600 shares? (Do not round intermediate calculations.)
b. What is the ex-rights stock price? (Do not round intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).)
Market price per share before the offering$15.80
Number of rights ne... | None | null | null | null | null | null |
null | According to Jonathan Zittrain, technology that cannot be modified by the user who wishes to create new uses for it is:_______
a. Sterile
b. Open
c. Generative
d. Clean | a | null | null | null | null | null |
null | If a portfolio is well diversified, then the portfolio variance: _____.
a) will be a weighted average of the variances of the individual securities in the portfolio.
b) may be a better representation of the actual risks facing the portfolio than the standard deviation.
c) will be an undiversified portfolio variance ... | None | null | null | null | null | null |
null | A company is considering a project that will cost $550,000. The project will generate $750,000 in cash flow in one year. If the firm uses the MARR of 12% to evaluate this project, what is the IRR?
A. 67.60%
B. 17.37%
C. 4.55%
D. 35.20% | None | null | null | null | null | null |
null | To estimate p, the proportion of the freshman class who took a summer job over the break, with 95% confidence and a margin of error of .04, a simple random sample of size n would have to be taken from the population of freshmen at State University. What is the minimum sample size required? | None | null | null | null | null | null |
null | Robotic Corporation paid a dividend yesterday of $2.00 per share. Management expects the dividend to increase next year to $3.00 per share. Analysts expect the stock price to reach $65.00 per share by the end of the year.
The firm has a beta of 1.50.
The risk-free rate is 3.00%.
The market risk premium is 5.00%.
Th... | None | null | null | null | null | null |
null | Which of the following factors affects the costs of nonmarket action?
a) size of the interest groups and its coverage of legislative districts
b) per capita benefits for a union
c) increase in demand for a company's products
d) creating substitutes closer to replicating the benefits | None | null | null | null | null | null |
null | What is the moment of inertia of equilateral triangular lamina about its center of mass? | 1/12Ma^2 | null | null | null | null | null |
null | Calculate the required return for an asset with a beta of 1.90 when the risk-free rate is 2.1% and the market return is 7.6%. | None | null | null | null | null | null |
null | Calculate the real GDP using 2011 as the base year.
2011
2012
2013
Nominal GDP
$124.6 billion
$132.8 billion
$141.3 billion
Quantity of Real GDP
225
235
250
Price of Real GDP
$0.55
$0.56
$0.57
GDP deflato... | None | null | null | null | null | null |
null | You make a check for $6,000 to buy a government bond from your friend. If he deposits the check into his bank account, how much money can the money supply vary in the case where the reserve ratio is fixed at 2%? (Use the simplified reserve requirement model). | None | null | null | null | null | null |
null | A firm selling a single product should cut back its sales volume slightly when using which of the following pricing methods?
a. Conventional gross margin method
b. Newsvendor method
c. Target pricing method
d. Optimal revenue method | None | null | null | null | null | null |
null | Find the minimum sample size required to ensure that the confidence interval is 95% and the error margin is less than 1%. Given σ = 8.6, what is the minimum sample size required? | None | null | null | null | null | null |
null | Verizon Communications, Inc., provides the following footnote relating to its leasing activities in its 10-K report.
The aggregate minimum rental commitments under noncancelable leases for the periods shown at December 31, 2012, are as follows (dollars in millions):
Years
Capital Leases
Operating ... | 9.44% | null | null | null | null | null |
null | A cellphone provider wants to determine the proportion of subscribers who would upgrade to a new cellphone with improved features if it were made available at a substantially reduced cost. Data are collected from a random sample of 500 subscribers. The results indicate that 135 of the subscribers would upgrade to a new... | None | null | null | null | null | null |
null | On a regular weekday, a bank might see a sharp drop in arrivals in the afternoon due to people going home. This drop might be characterized as a:
a. variability reduction.
b. variability enhancement.
c. capacity reduction.
d. capacity enhancement. | None | null | null | null | null | null |
null | The forces of competition in markets with free entry and exit tend to eliminate wage differentials that arise from discrimination by:
a) employers.
b) customers.
c) government.
d) all of the above. | None | null | null | null | null | null |
null | The short-run supply curve of a perfectly competitive firm:
a. Intersects the minimum point of both its short-run average variable cost and its short-run average total cost curves,
b. Intersects the minimum point of its short-run average variable cost curve but not its short-run average total cost curve,
c. Intersec... | None | null | null | null | null | null |
null | Suppose you deposit $900 cash into your checking account. By how much will the total money supply increase as a result when the required reserve ratio is 0.50? | None | null | null | null | null | null |
null | Find the iterated integral {eq}\int_{-1}^2 \int_1^3 6xy^2 \,dy\,dx{/eq} | 78 | null | null | null | null | null |
null | If actual expense is higher than budgeted expense, then:
a. this is considered a favorable variance.
b. this is considered an unfavorable variance.
c. a flexible budget would assist in addressing future revenue and expense planning.
d. none of the above are correct.
e. both (b) and (c) are correct. | None | null | null | null | null | null |
null | A debt service coverage ratio of 3:1:
A) indicates that if revenues were to decline by 10%, an owner would not be able to service debt.
B) means the property is generating $3 for every $1 of debt service.
C) indicates a favorable debt position.
D) suggests the property is highly leveraged.
E) a and c. | None | null | null | null | null | null |
null | Raphael Enterprises had the following end-of-the-year balances: sales revenue, $480,000; cost of goods sold, $375,000; and depreciation expense, $43,200. If the firm's tax rate is 35%, what is its after-tax profit? | None | null | null | null | null | null |
null | If the probability that a person will make a purchase is 10%, what is the probability that the 10th person will be the 5th to make a purchase? | None | null | null | null | null | null |
null | Which one of the following is not a sign of recession?
A) The unemployment rate rises.
B) Wages decline.
C) Real GDP falls.
D) Interest rates rise.
E) Stock prices decline. | None | null | null | null | null | null |
null | On January 1, 20X6, Jane Ltd., a publicly accountable enterprise, issued (sold) a $1,000,000, 4%, a five-year bond that pays interest semi-annually at par. Expenses directly attributable to the issuance of the bonds were $20,000. Net proceeds were thus $980,000 ($1,000,000 $20,000). At the option of the holder, each bo... | c | null | null | null | null | null |
null | Why is C+4 a great deal more nucleophilic than C+5? | None | null | null | null | null | null |
null | Unemployment that exists because of the time it takes to match workers' skills with the needs of employers is called:
a. unemployment that exists because some people are not looking for work,
b. frictional unemployment,
c. structural unemployment,
d. cyclical unemployment.
e. seasonal unemployment. | None | null | null | null | null | null |
null | The Last Dollar Corp. paid a $0.38 dividend per share. At the time, the stock was trading at $16.70 per share. The company announced that future dividends will grow at a rate of 1.1 percent per year. What is the required rate of return for this stock? | None | null | null | null | null | null |
null | Stocks A and B have the following data:
Stock A:
Required Return = 10%
Market Price = $25
Growth Rate = 5%
Required Return = 12%
Market Price = $40
Growth Rate = 9%
Required Return = 14%
Market Price = $50
Growth Rate = 12%
What is the market equilibrium required return for Stock C?
a. 6%
b. 10.5%
c. 14.5... | None | null | null | null | null | null |
null | A partner sells his interest:
a. below market value, the remaining partners must buy the interest
b. to a third party at market value, the partnership ends and a new one formed for the remaining partners
c. below market value to a third party, the partnership ends
d. none of the above | None | null | null | null | null | null |
null | Find the volume of the solid of revolution obtained by rotating the region bounded by the curves y=x^2+1 and y=9-x^2 around the line y=1. | 512\pi / 3 | null | null | null | null | null |
null | The natural rate of unemployment is the rate of unemployment
A. that occurs when the money market is in equilibrium.
B. that occurs when the markup of prices over costs is zero.
C. where the markup of prices over costs is equal to its historical value.
D. that occurs when both the goods and financial markets are in... | None | null | null | null | null | null |
null | Preferred stock dividends always fluctuate depending on company earnings, and they must be paid before common stock dividends.
A. True
B. False | None | null | null | null | null | null |
null | A stock has a beta of 1.15, an expected return of 10.4%, and a risk-free rate of 5.5%. What is the market risk premium? | None | null | null | null | null | null |
null | On a domestic market, if there is excess supply, then:
a. buyers would be willing to pay more for the product
b. sellers would be willing to sell the product at less than the equilibrium price
c. the market price is below the equilibrium level
d. All of the above are correct. | None | null | null | null | null | null |
null | Assuming a constant cost of debt, if a firm increases its debt ratio, the cost of equity will:
a. decrease.
b. increase.
c. remain constant.
d. increase, then decrease. | None | null | null | null | null | null |
null | In the basic AD/AS macro model, it is assumed that, for any given interest rate, the demand for money depends on the:
a. level of taxes.
b. rate of growth of real GDP.
c. level of government spending.
d. aggregate demand for goods and services.
e. level of real GDP and the price level. | e | null | null | null | null | null |
null | In the long-run, firms in a monopolistically competitive market
A) produce at the minimum of the average total cost.
B) produce at a level of output at which marginal cost equals price.
C) earn zero economic profit.
D) produce at the minimum of the average total cost and earn zero economic profit.
E) both A and C. | None | null | null | null | null | null |
null | In the market for reserves, if the federal funds rate is between the discount rate and the interest rate paid on excess reserves, a _____ in the reserve requirement _____ the demand for reserves, raising the federal funds interest rate, everything else held constant.
A) rise; decreases
B) rise; increases
C) decline;... | None | null | null | null | null | null |
null | Which is true?
a. equilibrium output and price are greater in the Cournot duopoly than in perfect competition, but less than in the case of monopoly.
b. equilibrium output is less in the Cournot duopoly than in perfect competition, but greater than in the case of monopoly, and price is higher.
c. equilibrium output ... | None | null | null | null | null | null |
null | A random variable $Z$ has a standard Normal distribution. Use Appendix Table or software to determine $P(-1.36 \le Z \le 1.36)$. Round the answer to four decimal places. | None | null | null | null | null | null |
null | Evaluate the integral using the partial fraction method: {eq}\int \frac{4x}{(x - 1)^2} \: dx{/eq} | None | null | null | null | null | null |
null | Wright International is a US firm that typically exports goods to Japan. Since the international receivables are denominated in yen, they are subject to fluctuating currency rates. To mitigate this risk, Wright sometimes purchases put options to protect against loss from a decline in the yen. The put premium is relevan... | c | null | null | null | null | null |
null | The amount of snowfall falling in a certain mountain range is normally distributed with a mean of 60 inches and a standard deviation of 10 inches. What is the probability that the mean annual snowfall during 25 randomly picked years will exceed 62.8 inches? | None | null | null | null | null | null |
null | If a firm's equity multiplier is 2.5, its debt ratio is:
A. 1.5 times.
B. 25%.
C. 80%.
D. 1.25 times.
E. 300%. | None | null | null | null | null | null |
null | At the discounted price the additional revenue from the sale of the last unit of a product is the _____.
a. Implicit cost
b. Explicit cost
c. Marginal benefit
d. Marginal cost
e. Total cost. | None | null | null | null | null | null |
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