If a bank's concentration limit (as a percent of capital) is 20 percent, and its expected recovery from defaulted loans is 50 percent, what is the maximum loss it permits to affect its capital in the event of a default?

When preparing the operating budgets for a manufacturing company, the manufacturing overhead budget ________

A) represents the last period cost to be considered B) only includes variable manufacturing overhead C) only computes the budgeted overhead cost for the year D) includes costs that are projected by the cost accountant and the production manager

Getting a new customer costs ______ times as much as keeping a loyal one.

a. 5 b. 10 c. 20 d. 30