_b 1. Tornadoes, earthquakes, and blizzards
2. Possibility of loss, no change, or gain
3. Shifting to another person/business
4. Inflation and interest rate fluctuations
5. Keeping away from
6. Keeping for oneself
7. Possibility of loss or no loss
8. Human errors
9. Taking action to reduce
10. Reputation damage
11. Fading away over time
12. Rivalry for the sale of goods or services

A. Operational risk
B. Pure risk
C. Avoiding risk
D. Obsolescence
E. Transferring risk
F. Speculative risk
G. Financial risk
H. Strategic risk
I. Retaining risk
J. Competition
K. Hazard risk
L. Preventing/controlling risk

Ashare stock is a small piece of ownership in a company ture or false

As sales exceed the break‑even point, a high contribution‑margin percentage (a) increases profits faster than does a low contribution-margin percentage (b) increases profits at the same rate as a low contribution-margin percentage (c) decreases profits at the same rate as a low contribution-margin percentage (d) increases profits slower than does a low contribution-margin percentage

The gilbert instrument corporation is considering replacing the wood steamer it currently uses to shape guitar sides. the steamer has 6 years of remaining life. if kept,the steamer will have depreciaiton expenses of $650 for five years and $325 for the sixthyear. its current book value is $3,575, and it can be sold on an internet auction site for$4,150 at this time. if the old steamer is not replaced, it can be sold for $800 at the endof its useful life. gilbert is considering purchasing the side steamer 3000, a higher-end steamer, whichcosts $12,000 and has an estimated useful life of 6 years with an estimated salvage value of$1,500. this steamer falls into the macrs 5-year class, so the applicable depreciationrates are 20.00%, 32.00%, 19.20%, 11.52%, 11.52%, and 5.76%. the new steamer is fasterand allows for an output expansion, so sales would rise by $2,000 per year; the newmachine's much greater efficiency would reduce operating expenses by $1,900 per year.to support the greater sales, the new machine would require that inventories increase by$2,900, but accounts payable would simultaneously increase by $700. gilbert's marginalfederal-plus-state tax rate is 40%, and its wacc is 15%.a. should it replace the old steamer? b. npv of replace = $2,083.51