Which of the following statements about first-line managers is true?
a.
they officially represent their organization to the external environment.
b.
they typically spend a large proportion of their time supervising the work of their subordinates.
c.
they are primarily responsible for implementing policies made by top managers.
d.
they make decisions about activities such as acquiring other companies and entering or abandoning various markets.
e.
they are typically involved in creating overall organizational strategies and goals.

Burke enterprises is considering a machine costing $30 billion that will result in initial after-tax cash savings of $3.7 billion at the end of the first year, and these savings will grow at a rate of 2 percent per year for 11 years. after 11 years, the company can sell the parts for $5 billion. burke has a target debt/equity ratio of 1.2, a beta of 1.79. you estimate that the return on the market is 7.5% and t-bills are currently yielding 2.5%. burke has two issuances of bonds outstanding. the first has 200,000 bonds trading at 98% of par, with coupons of 5%, face of $1000, and maturity of 5 years. the second has 500,000 bonds trading at par, with coupons of 7.5%, face of $1000, and maturity of 12 years. kate, the ceo, usually applies an adjustment factor to the discount rate of +2 for such highly innovative projects. should the company take on the project?

Which of the following services will be provided by a full-service broker but not by a discount broker? i. research of potential investment opportunities ii. purchase and sale of stock at your request iii. recommendation of investments a. i and iii b. ii only c. iii only d. i, ii, and ii

If springfield is operating at full employment who is working a. everyone b. about 96% of the workforce c. the entire work force d. the robots