The production department is proposing the purchase of an automatic insertion machine. It has identified 3 machines and has asked the accountant to analyze them to determine the best cash payback.

Machine A Machine B Machine C
Annual cash flow $40,000 $50,000 $75,000
Average investment $300,000 $250,000 $500,000

a. Machine C
b. Machine A
c. Machine B
d. All of these choices are equal.

The board of directors is the highest ranking body in a corporation, and the chairman of the board is the highest ranking individual. the ceo generally works under the board and its chairman, and the board generally has the authority to remove the ceo under certain conditions. the ceo, however, cannot remove the board, but he or she can endeavor to have the board voted out and a new board voted in should a conflict arise. it is possible for a person to simultaneously serve as ceo and chairman of the board, though many corporate control experts believe it is bad to vest both offices in the same person. true false

If a society decides to produce consumer goods from its available resources, it is answering the basic economic question

What criteria does a company have to meet to be considered a monopoly?