Question: When do long-term debts have to be repaid? A. According to the repayment schedule given. B. When you want to, but they must be paid

When do long-term debts have to be repaid?

A. According to the repayment schedule given. B. When you want to, but they must be paid by the end of the game.

C. You don't have to settle your long-term debts at any round if you don't want to.

Which of the following statements are true?

A. If you cant provide the minimum amount of cash from your operations, the company will automatically take long term debt. B. If you cant provide the minimum amount of cash from your operations, the company will automatically take short term debt.

C. There is a minimum amount of cash required for each area.

Our group didn't manage to change the team decisions before the deadline. What will happen?

A) Your team will automatically be deleted from the system.

B) The system will wait until you have saved your team's decisions and then

calculate the results.

C) The results will be calculated using your previous round's decisions.

Do the practice round(s) results affect the first round?

A) No, the practice round(s) results have no impact on the actual game.

B) Yes, market conditions for the first round are calculated from the practice

round(s) results

With "Parent company" the simulation means...

A) ... the company in the US.

B) ... the whole group's consolidated figures.

C) ...the company you have chosen to be the parent company

Which of the following statements are true?

A) Own production increases the learning curve effect.

B) You can increase your learning curve effect by investing in R&D.

C) The learning curve effect affects the costs of own production.

D) Using 100% of your capacity will give you the lowest variable unit production

cost.

Which of the following statements are true?

A) A plant investment is always paid and depreciated in the area where the investment is made. B)A plant investment is paid by the parent company.

C) The simulation uses the declining balance method for depreciation

Which of the following statements are true?

A)Losses from previous periods are tax deductible.

B)Loss carry- forward principle doesn't apply in this game.

C)Loss carry- forward principle applies only for the parent company.

How can the company reduce long term debt?

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