The agreement between Felicia and Evan is what type of agreement?

A) It is a legal tying arrangement.
B) It is a legal cross-licensing agreement.
C) It is an illegal tying arrangement.
D) It is an illegal cross-licensing agreement.
E) A legal contractual agreement.

(Ignore income taxes in this problem.)Bied's Pharmacy has purchased a small auto for delivery of prescriptions.The auto cost $28,000 and will be usable for seven years.Delivery of prescriptions (which the pharmacy has never done before)should increase revenues by at least $25,000 per year.The cost of these prescriptions will be about $18,000 per year.The pharmacy depreciates all assets by the straight-line method.
Required:
a.Compute the payback period on the new auto.
b.Compute the simple rate of return of the new auto.

The PEG ratio normalizes the P/E ratio by the

A) tax rate.
B) growth rate.
C) market cap.
D) book rate.

Joan loves sushi.Her first piece of sushi normally gives her a marginal benefit of $5.Each additional piece yields a marginal benefit that declines by $0.25 per piece.If her favorite sushi bar charges $2.75 per piece of sushi,how many pieces should she eat?

A) 8
B) 10
C) 5
D) 11

A corporation issues for cash $1,000,000 of 10%, 20-year bonds, interest payable annually, at a time when the market rate of interest is 12%. The straight-line method is adopted for the amortization of bond discount or premium. Which of the following statements is true?

A) The amount of annual interest expense is computed at 10% of the bond carrying amount at the beginning of the year.
B) The amount of annual interest expense gradually decreases over the life of the bonds.
C) The amount of unamortized discount decreases from its balance at issuance date to a zero balance at maturity.
D) The bonds will be issued at a premium.

According to the Change Competency,"Harley-Davidson," company president Richard Teerlink was able to change quality by changing Harley-Davidson's:

A) top management
B) rewards
C) paperwork procedures
D) culture