People buy insurance because

A) they don't trust banks

B) it protects the insured against loss

C) it protects the underwriter against loss

D) they have extra income to invest

A friend and fellow student shares her employment experience over the last 12-week summer break. It took her one full week to find a job. She started on the first day of week two and was able to keep her job for the remaining eleven weeks.

A direct cost is a cost that is: multiple choice identifiable as controllable. traceable to the company as a whole. does not change with the volume of activity. traceable to a single cost object. traceable to multiple cost objects.

Kelso Corp. has a cost of debt of 5% and a tax rate of 34%. Its weight on debt is 25% and its weight on equity is 75%. Its WACC is 8.325%. Which of the following is the only possible return on the unlevered firm (rU) ?

Which of the following statements about renting & owning is correct? A. A renter has complete responsibility and control over the property B. An owner has complete responsibility and control over the property C.

Which aspect of the Omnibus Trade and Competitiveness Act allows a U. S. president the authority to restrict sales of a country's products in the U. S. market if that country is imposing unfair restrictions on U. S. products?

Curtain Co. paid dividends of $10,000; $12,500; and $14,000 during Year 1, Year 2, and Year 3, respectively. The company had 2,100 shares of 5.5%, $100 par value preferred stock outstanding that paid a cumulative dividend.

Describe how legal contracts provide incentives for people to exchange goods and services

List four wan technologies that are carried over the pstn.

Which of the events is likely to occur when the business cycle is in a period of recession (contraction) ? an increase in the standard of living an increase in unemployment an increase in GDP (gross domestic product) an increase in economic growth

What is the most common form of business organization in the united states?