A firm has a payout ratio of 40 percent and a sustainable growth rate of 8.5%. The capital intensity ratio is 1.1 and the debt-equity ratio is.5. What is the profit margin?

A) 5.4%
B) 7.9%
C) 9.6 %
D) 11.9%
E) 14.4%

Refer to Figure 16.2. To force this firm to produce the ________ level of output, the government should ________ of $10.00 per car.

A) market; impose a tax
B) efficient; impose a tax
C) market; issue a subsidy
D) efficient; issue a subsidy

James owns Great Expectations,a trendy restaurant in Manhattan.He enters into a contract with Mary,who makes and sells pastries.The contract states that Mary will "supply all of Great Expectation's needs" for pastries for the next year.Is this contract enforceable?

A) Yes,because this is a requirements contract.
B) Yes,but only if James buys all of the pastries produced by Mary in the next year.
C) No,because the promise fails to specify the quantity of goods to be purchased.
D) No,because James might not need any pastries in the next year.

Which of the following is considered unethical on a résumé?

A) Misrepresenting a job title to make it sound more important
B) Extending employment dates to avoid showing periods of unemployment
C) Making your job duties sound more impressive and responsible than they really were
D) All answer choices are unethical.

The Internet and other forms of information technology can play a key role in health and safety programs.

Which of the following is NOT a quality that is characteristic of highly effective teams?

A) Teams have leaders who assign tasks to members.
B) Team member actions are coordinated.
C) Teams have collective goals,meaning that success and failure occurs at the group level.
D) Team members are highly interdependent rather than self-sufficient.
E) Teams tend to be well structured,in that roles,norms,and relations are stable.