________ describes a legal state whereby a firm cannot pay its creditors A) Capital distress B) Bankruptcy C) Liquification D) Capital structure ANSWER B
Date: September 19th, 2020
Sizing up operation management involves: A) identifying the firm’s strengths and weaknesses related to operations. B) an external assessment of the industry. C) an internal assessment of the firm’s strengths and weaknesses. D) All of the above. ANSWER A
Date: September 19th, 2020
________ ensure that money lent under a line of credit agreement is actually being used to finance seasonal needs. A) Operating-change restrictions B) Annual cleanups C) Compensating balances D) Commitment fees ANSWER B
Date: September 19th, 2020
Under terms of the U.S. federal bankruptcy code, chapter ________ call for a ________ pr. A) 11; liquidation B) 7; reorganization C) 7; liquidation D) None of the above ANSWER C
Date: September 19th, 2020
The firm’s supply risk can best be analyzed by examining: A) the components of the firm’s operations management. B) the components of the firm’s operations management compared with the key industry success factors. C) the key industry success factors and their impact on profitability. D) the behavior of the firm’s major competitors. ANSWER […]
Date: September 19th, 2020
________ would be a common source of financing in international trade. A) Commercial paper B) Negotiable CDs C) Treasury bonds D) Banker’s acceptances ANSWER D
Date: September 19th, 2020
The cumulative feature of preferred stock means that preferred dividends cannot be paid until all common dividends have been paid. Indicate whether the statement is true or false ANSWER FALSE
Date: September 19th, 2020
A ________ guarantees the borrower that a specified amount of funds will be available regardless of the scarcity of money. A) revolving credit agreement B) mortgage loan C) short-term, self-liquidating loan D) single payment note ANSWER A
Date: September 19th, 2020
A firm has fixed operating costs of $10,000, the sale price per unit of its product is $25, and its variable cost per unit is $15. The firm’s operating breakeven point in units is ________ and its breakeven point in dollars is ________. A) 1,000; $6,250 B) 400; $10,000 C) 400; $25,000 D) 1,000; $25,000 […]
Date: September 19th, 2020
When sizing up the operations of the firm, it is important to examine: A) the quality of the firm’s products or services. B) how effective the processes are that the firm employs to operate the business. C) the capacity of the firm’s plant or facilities. D) All of the above. ANSWER D
Date: September 19th, 2020
