Answer:
The survival principle states that
A. the only firms that survive are those that maximize profits.
Explanation:
Profit maximization is important for a firm to survive. Without profit maximization, firms fail. Profits impact share price, business growth, and short-term and long-term survival. Profits reduce debt burden, and increase capital investments and acquisitions. Without profits, a firm cannot pay dividends or repurchase shares. Profit is at the center of a firm's survival. Even Baumol's theory of sales maximization states that it is only when an acceptable level of profit has been achieved that a firm can shift its focus away from profits to revenue maximization. This emphasizes the importance of profit maximization. Profit maximization also contributes to the maximization of cash flows.
I would say that this statistic probably refers to the richest countries where the standard of living is higher than poor countries and if it was infant mortality then more modern health facilities and access to them would be a strong factor hopefully better in the countries with a higher standard of living. On the other hand, Cuba has an infant mortality of 4.76 deaths per 1000 live births compared to 5.90 for the US so is a testament to the success of their social system.
Answer: D. The state law violates the principles of intergovernmental immunity as applied to the manager
Explanation:
Based on the information given, the manager's best defense against the imposition of the fine is that the state law violates the principles of intergovernmental immunity as applied to the manager.
We should note that unless Congress agrees to a particular regulation, the state doesn't have the power to regulate federal government activities and therefore cannot interfere with federal functions. Therefore, the regulation in this case isn't applicable to the manager.
Answer:
D. The present value is the value in the future of a sum of money to be received today and in general is less than the future value
Explanation:
