Finance

The General Chemical Company uses 150,000 gallons of hydrochloric acid

The General Chemical Company uses 150,000 gallons of hydrochloric acid per month. The cost of carrying the chemical in inventory is 50 cents per gallon per year, and the cost of ordering the chemical is $150 per order. The firm uses the chemical at a constant rate throughout the year. The chemical’s economic order quantity […]

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Date: September 19th, 2020

In the configuration of an efficient financial system architecture, bo

In the configuration of an efficient financial system architecture, both banks and capital markets offer lending to firms. Borrowers who pose relatively onerous asset-substitution moral hazard prefer (i) financing, while borrowers who pose less serious moral hazards go directly to (ii). (i) (ii) a. capital market banks b. bank capital markets     ANSWER B

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Date: September 19th, 2020

A popular extension of materials requirement planning that integrates

A popular extension of materials requirement planning that integrates data from numerous areas such as accounting, finance, engineering, and manufacturing using a sophisticated computer system is called ________. A) computerized materials integration II B) manufacturing resource planning II C) inventory allocation planning II D) inventory integration planning II     ANSWER B

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Date: September 19th, 2020

According to the Absolute Priority Rule (APR), the correct descending

According to the Absolute Priority Rule (APR), the correct descending order of claim priority is: a. administrative claims; statutory priority claims; secured creditors’ claims; unsecured creditors’ claims; equity claims. b. equity claims; administrative claims; statutory priority claims; secured creditors’ claims; unsecured creditors’ claims. c. statutory priority claims; administrative claims; secured creditors’ claims; unsecured creditors’ claims; […]

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Date: September 19th, 2020

A computerized inventory system that simulates needed materials requir

A computerized inventory system that simulates needed materials requirements for the finished product, and then compares production needs to available inventory balances to determine when orders should be placed is the ________. A) basic economic order quantity system B) materials requirement planning system C) just-in-time system D) red-line method     ANSWER B

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Date: September 19th, 2020

In Chapter 11, the court has two mechanisms to implement an optimal ba

In Chapter 11, the court has two mechanisms to implement an optimal bankruptcy outcome: a. the right to extinguish any claim, and the use of a restricted auction. b. the right to extinguish any claim, and restrictions on bargaining between claimants. c. restrictions on bargaining between claimants, and the threat of fines. d. restrictions on […]

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Date: September 19th, 2020