The book value of a company equals the value of its assets less its cash

A(n) _________ arises when a broker or their agent, acting on behalf of a client, has a competing professional or personal bias which hinders their ability to fulfill the fiduciary duties they have undertaken on behalf of their client.

a. affiliated business arrangement (ABA) b. subagency c. conflict of interest d. implied agency

Demand is forecast for the next five months as 200, 300, 500, 300, 200. The production planner decides to adopt a level strategy, so over the next five months they should produce

A) 200, 300, 500, 300, 200. B) 500, 400, 300, 200, 100. C) 100, 200, 300, 400, 500. D) 300, 300, 300, 300, 300.