Which one of the following is a source of conflict between owners and managers?
A. The amount owners want to receive and the amount managers want to pay
B. The amount owners want to pay and the amount managers want to receive
C. The amount owners and the managers want to receive
D. The amount owners and the managers want to pay to the shareholders
Answer: B
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Between 1870-1910, quantitative evidence shows very little, if any growth in bushels produced per acre for crops like corn and wheat. Which of the following statements correctly depicts the situation of farmers during this period?
a. Although output per acre was not growing, increased labor productivity allowed farmers to earn profits. b. Farmers exited corn and wheat production due to lack of profits in these crops. c. Because output per acre was not growing, farmers were forced to produce corn and wheat on farms of 60 acres or less. d. Corn and wheat production became concentrated in the Great Lakes region, where small farms were common after the Civil War.
You expect to rent out a vacation home on Sanibel Island for $800 a month as an investment. Upkeep is estimated at $3,000 a year. If the current market interest rate is 5 percent, you are willing to pay __________ for the house
a. $132,000 b. $100,000 c. $160,000 d. $192,000 e. $800,000