Which of the following statements is true regarding the leverage of supply chain savings?
A) Supply chain leverage is about the same for all industries.
B) Supply chain savings exert more leverage as the firm's purchases are a smaller percent of sales.
C) Supply chain savings exert more leverage as the firm's net profit margin decreases.
D) Supply chain leverage depends only upon the percent of sales spent in the supply chain.
E) None of the above is true.
C
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When a bond's yield to maturity is less than the bond's coupon rate, the bond:
A. had to be recently issued. B. is selling at a premium. C. has reached its maturity date. D. is priced at par. E. is selling at a discount.
A survey has been completed, and stakes have been placed marking off the property. The survey can be used to:
A. construct fences and driveways B. measure soil stability C. determine freehold interests D. verify known liens