1. The first unit of a product took 1,000 hours to build and the learning curve is 85%. Approximately how long will it take to make the second unit?
740 hours
706 hours
850 hours
686 hours
2. Corporate dividends are:
a) Taxed at both the corporate and the personal level when the dividends are paid.
b) Not taxed as shareholders pay taxes on corporate income when it is earned.
c) Tax-free since the corporation pays tax on that income when it is earned.
d) Taxable as personal income when received by shareholders even though that income was taxed at the corporate level.
e) Tax-free income because they represent a repayment of the cost to purchase corporate shares.
3. Learning curves are used for a variety of purposes. These include
infrastructure, external, strategic
internal, external, strategic
internal, external, shareholders
internal, tactical, strategic