If the average cost of producing 9 sweaters is $6.50 and the marginal cost of producing the 10th sweater is $6.75, then the average cost of producing 10 sweaters will:

• A.increase.
• B.decrease.
• C.increase by 25 cents.

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Initially the term structure is flat. Economic factors cause the required return for a cash flow to be received in 10 years to increase by 25 basis points. This change in the term structure:

• A.will have the greatest impact on coupon bonds with maturity less than 10 years.
• B.will have the greatest impact on coupon bonds with maturity greater than 10 years.
• C.will have the greatest impact on coupon bonds with maturity of 10 years.

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If a firm has a great deal of inventory built up which of the following ratios would be the largest?

• A.Current Ratio.
• B.Cash ratio.
• C.Quick ratio.

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The focus of companies during the shakeout stage should be:

• A.re-invest their cash flows in new products.
• B.build scale.
• C.reduce cost structure and build brand loyalty.

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Which technical indictor brings together momentum and trend?

• A.Relative strength index.
• B.Stochastic oscillator.
• C.MACD

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