A company makes $1 million in after-tax profits for the year. It spends the entire amount on new equipment. Which of the following is true? a. Its leverage ratio at the end of the year is higher than it was one year before
b. Its retained earnings for the year equal zero.
c. Its book value at the end of the year is $1 million greater than that of one year before.
d. Its book value at the end of the year is the same as that of one year before.

Which of these is not a result of regular exercise

During which of the following phases of the business cycle does the real gdp fall? a. trough b. expansion c. contraction d. peak

Draw a flowchart for a process of interest to you, such as a quick oil-change service, a factory process you might have worked in, ordering a pizza, renting a car or truck, buying products on the internet, or applying for an automobile loan. identify the points where something (people, information) waits for service or is held in work-in-process inventory, the estimated time to accomplish each activity in the process, and the total flow time. evaluate how well the process worked and what might be done to improve it.