Ag Finance I
What is the formula for the current ratio?
Louisiana was the state were this infamous duo were killed by authorities after a long pursuit for their string of robberies in the 1930s
current assets/current liabilities
Bonnie and Clyde
What are the four functions of management?
Louisiana is known as the __________ state.
Alligator, Crawfish, Mardi Gra, Pelican
Organizing directing controlling and planning or PICA planning, implementing, directing, adjusting
Pelican
The principle amount of a bond is called what?
Premium, Principal, Par, Prime Amt
The St. ______ Cathedral in NOLA is the oldest continually operating cathedral in the US.
Par
Louis
Supply chain management embraces four main activities. Which of the following is NOT one of them?
fulfilment; customer service; transportation; stock mangement
Madam C.J. Walker was the first female, self-made millionaire and was from the state of Louisiana? What types of products made her fortune?
customer service; cosmetics
The difference between market price and price a producer will sell is producer _____________.
Louisiana has the _______ state capital building in the US.
oldest, tallest, most expensive
Surplus; tallest at 450 feet and 34 floors
What is the payback period of an $8,000 investment that has annual returns of $1,000?
What state is named after King Louis XIV of France?
8 Years
Louisiana
The threat of new entrants, rivalry among existing competitors, bargaining power of buyers and suppliers, and threat of substitute products are described in what strategic management model.
There are only 33 registered __________ "farms"
in the U.S. Louisiana had 17 of them.
Porter's Five Forces
Alligator
__________ refers to the east with which an asset can be converted into cash without affecting its market price.
Louisiana is known as the birthplace of this type of music.
Liquidity; jazz
The merger of K-Mart and sears was considered a ________ merger
This hot sauce was one of the first patents filed in Louisiana in 1870.
Horizontal; Tabasco
Market power is a firm's ability to raise its price about ________ cost without fear of other firms entering the market.
Fixed, Variable, Total, Marginal
What Europeans were the first to reach Louisiana?
Marginal
The spanish
When a bank's credit analysis focuses on the assets offered by the loan applicant as security for a loan, which of the 5 C's of credit is being assessed?
While often associated with Texas, this famous card game was actually invented in New Orleans.
Collateral - character, capacity, capital, conditions and collateral
Poker
Responsibility is defined as the duty to ______ according to the authority that has been given.
Serve, Assess, Act, Respond
What is Bourbon Street named after?
Act
The House of Bourbon, the French Royal family ruling at the time
To evaluate a decision to switch to a heavier market weight for feeding beef, which type of budget would be the easiest and most appropriate?
Whole, enterprise, partial, cash flow
Described in a 1959 country sound, this battle is historic for New Orleans history was fought during the War of 1812. What was the Battle's Name?
partial
Battle of New Orleans
Which of the two are added together to find the total cost of inventory?
Ordering Costs, Carrying Costs, Operating Costs
This deep-fried choux pastry is dusted with powdered sugar and is infamous to NOLA.
Ordering and Carrying
Beignets
If demand for a good is perfectly elastic and a tax is imposed who pays 100% of the tax?
Producers or consumers
In cajun cuisine, what three vegetables are considered the holy trinity?
Producers
onions; bell peppers; celery
What rate is considered the bellweather rate for short-term bank commercial loans?
Inflation Rate, Prime Rate, Market Rate
Louisiana accounts for 62% of all sales of these non-alligator reptiles on just 25 farms.
A bellwether is a leading indicator that suggests a larger economic trend
Prime Rate
Turtle
S-Corps have no more than _______ shareholders.
50 100 150
Louisiana's numerous mines of this table top necessity makes it the top producer of this good.
100; salt
Financing, investing, and operating activities are found on what financial statement?
Cash Flows, Income, Balance Sheet, Owner's Equity
New Orleans cuisine is heavily influenced by what other cuisines (name 2 of the 3)
Cash Flows
Cajun, Creole, and Soul
When a manager monitors the work performance of employees in her department to determine if the quality of their work is up to standard, they are engaging what function of management?
This sandwich, native to NOLA, is typically served on French bread and filled with a variety of fried seafood, sausage, or roast beef.
Controlling; Po'boy
Prices are likely to be LEAST flexible in what type of competition?
This word is derived from the French pronunciation of "Acadien" and describes an ethnic group of people of style of food
Oligopoly
Cajun
What type of budgeting allocates increased or decreased funds to a department by using the last budget period as a reference point?
Incremental, Flexible, Enterprise
How many states were included in the original Louisiana Purchase?
Incremental; 13
Which of the following is NOT a key characteristic of a bureaucracy?
specialization, clear hierarchy, individualism, standard operating procedures
Longest bridge in the world is located in NOLA and spans ______ miles 7.8, 18.9, 23.8, 26.7
individualism
23.8
the simultaneous buying and selling of securities, currency, or commodities in different markets or in derivative forms in order to take advantage of differing prices for the same asset is known as:
This hearty stew is a quintessential Creole/Cajun dish.
Arbitrage; Gumbo
What is the practice of examining the best practices in an industry or in the world using this knowledge as a BASIS for improvement.
Served during Mardi Gras season, this cake is a symbol of the joy and celebration that defines New Orleans’ vibrant culinary landscape.
Benchmarking
King cake
First group to have a member come to the board and draw an engel curve representing an INFERIOR good. Axis must be labelled.
What are counties called in the state of Louisianna? They are the only state to call them this
Income on Y axis, Quantity on x-axis, curve should have a curve backwards
Parish