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Date Posted: 08:39:18 10/02/00 Mon
Author: Gwendolyn Pennywell
Subject: Re: answers for practice summer 2000 mid-term
In reply to: Kristin Wesoloski 's message, "answers for practice summer 2000 mid-term" on 07:59:06 10/02/00 Mon

>I have a lot of the same answers. I'll list where we are different and hopefully Dr. Hodges or one of the other students can help direct us to the right course. Also, I only see up to 10. Did you post the rest of your answers?

2. C-I understand the opportunity costs to be potential opportunities to increase returns lost because of reduced manager flexibility. His salary did not seem to fit that description.

9. E-"All of the above" I think we have the same answer and "D" was a typo.

10. I need help on this one. I came up with 2% for PM and could not come up with DR. I chose a number for total assets and Sales that gave me S/TA=2. I then used those numbers to try and manipulate the equations.
Someone please explain the correct method.

11. B
12. B-I'm not sure my reasoning is sound on this one
13. D
14. A
15. B
16. B
17. E
18. B
19. B
20. 5.5
22. .35

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