Comment on whether each of the following three industries is sensitive to the business cycle. If it

Question:

Comment on whether each of the following three industries is sensitive to the business cycle. If it is sensitive, does it do better in a boom period or a recession?
a) Auto-mobiles
b) Pharmaceuticals
c) Housing

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Chemistry

ISBN: 978-0077274313

10th edition

Authors: Raymond Chang

See More Books

Question Posted: Sep 19, 2013 04:23 AM

See More Questions

In the space provided, indicate whether each of the following items is an operating expenditure (O) or a capital expenditure (C): (a) ___________ Repaired building roof, $1,500 (b) ___________...
In the space provided, indicate whether each of the following items is an operating expenditure (O) or a capital expenditure (C): (a) ________Repairedbuildingroof,$1,500 (b) ________ Replaced...
A 9% coupon bond has a Php200,000 face value and matures in 6 years. What is the price this bond if the yield to maturity is 8.2%?
When Steve Jobs first demonstrated "the pinch"-the two-finger gesture to zoom in and out on photos and Web pages on the iPhone, it just rocked the mobile phone industry-the whole digital world heard...
A vertical cylinder 30 cm high and 30 cm in diameter is maintained at a surface temperature of 43.3oC while submerged in water at 10oC. Calculate the heat lost from the total surface area of the...
The press shown is used to emboss a small seal at E. Knowing that the vertical component of the force exerted on the seal must be 900 N, determine (a) the required vertical force P, (b) the...
E14.5. Reverse Engineering with Two-stage Growth Rates (Medium) An analyst develops the following pro forma at the end of 2009 (in millions): 2009A 2010E 2011E Operating income $ 782 $ 868 Net...
A Wheatstone bridge is type of bridge circuit used to make measurements of resistance. The unknown resistance to be measured, Rx, is placed in the circuit with accurately known resistances R1, R2,...
Problem 5 - 4 AA ( Algo ) Perpetual: Alternative cost flows LO P 3 Montoure Company uses a perpetual inventory system. It entered into the following calendar - year purchases and sales transactions....
Question 1 Which concept of OOP is false for C++? O Code can be written without using classes O At least one object should be declared in code O A class must have member functions O Code must contain...
Assume that the real risk-free rate is 4 percent and the maturity risk premium is zero. If the nominal rate of interest on one-year bonds is 11 percent, and on comparable-risk two year bonds it is 13...
Choose one of the following contingency theories: 1) Houses Path Goal Theory (1971) 2) Hersey and Blanchards Situational Leadership Theory (1977) 3) Kerr and Jermiers Leadership Substitute Ideas...
How can a cost hierarchy lead to a more accurate costing system?
Activity 1.4: When Less Becomes More For this activity, refer to the images shown. This is an activity which was performed for you if you do not have available two identical mirrors at home. But if...
! Required information [The following information applies to the questions displayed below.] Aces Incorporated, a manufacturer of tennis rackets, began operations this year. The company produced...
During the early part of winter, one morning, two hunters decided to go quail hunting on a property where the owner had given them permission to hunt. A nearby forest ranger saw the hunters and...
Required information [The following information applies to the questions displayed below.] Trini Company set the following standard costs per unit for its single product. Direct materials (30 pounds...
A horticulturist knows that the weights of honeybees that have previously visited her orchard are normally distributed with a mean of 0.87 grams, and a population standard deviation of 0.15 grams....
Tall Corporation purchased 75 percent of the voting common stock of Light Corporation on January $1,20 \times 2$, at underlying book value. Noncontrolling interest was assigned income of \(\$...
Which of the followingcarbocations is the least stable? CH3CH2 . CH3CHCH3 CH3 I . CH3C0 T CH3 IV. V. CH3 CH3CCH2 CH3
Show that the composition of the vapor and liquid phases must be equal at an azeotrope.
Fred Corporation made three investments in Prima during 2011 and 2012, as follows: Prima's stockholders' equity on January 1, 2011, consisted of 20,000 shares of $10 par common stock and retained...
Pat Corporation purchased 40 percent of the voting stock of Sue Corporation on July 1, 2011, for $300,000. On that date, Sue's stockholders' equity consisted of capital stock of $500,000, retained...
John Corporation acquired a 70 percent interest in Jojo Corporation on April 1, 2011, when it purchased 14,000 of Jojo's 20,000 outstanding shares in the open market at $13 per share. Additional...
thumbs up if correct A stock paying no dividends is priced at $154. Over the next 3-months you expect the stock torpeither be up 10% or down 10%. The risk-free rate is 1% per annum compounded...
Question 17 2 pts Activities between affiliated entities, such as a company and its management, must be disclosed in the financial statements of a corporation as O significant relationships O segment...
Marchetti Company, a U.S.-based importer of wines and spirits, placed an order with a French supplier for 1,000 cases of wine at a price of 200 euros per case. The total purchase price is 200,000...

Comment on whether each of the following three industries is sensitive to the business cycle. If it

Question:

Step by Step Answer:

a Automobiles are sensitive to the business cycle as it has been hit most in re...View the full answer

Chemistry

Students also viewed these Finance questions