Solarcom Is a 25-Year-Old Information Technology Company That Owns Several

question 124

Multiple Choice

Solarcom is a 25-year-old information technology company that owns several subsidiaries.One of its subsidiaries is Atlantix Global Systems,which is one of the leading wholesalers for refurbished computer equipment,an industry that is growing worldwide.According to the BCG portfolio matrix,Atlantix Global would most likely be classified as a:

• A)dog.
• B)cash cow.
• C)question mark.
• D)star.

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Definitions:

Settlement Date

The specific date on which a financial transaction is completed and contractual obligations must be fulfilled.

Payment Due

The amount of money that must be paid by a certain date to avoid incurring late fees or default.

Year End

The end of a fiscal year or accounting period, at which time companies summarize financial activities.

Spot Rate

The current market price used to directly exchange one currency for another, for immediate delivery.