Which of the following is an advantage of using an industrial distributor?
A. These firms are easy to control because they work directly for the producers.
B. Inventory holding costs are minimized because they can store inventory very cheaply.
C. They are closer geographically to all of the producers' customers.
D. They possess a high level of technical knowledge about their products.
E. They help reduce a producer's financial burdens by extending credit to customers.
Answer: E
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At the beginning of 2017, Laura Company issued 10-year bonds with a face value of $4,000,000 due on December 31, 2022. The company will accumulate a fund to retire these bonds at maturity. It will make ten annual deposits to the fund beginning on December 31, 2017. How much must the company deposit each year, assuming that it will earn 12% interest compounded annually?
A) $363,636.36 B) $227,936.65 C) $226,008.92 D) $203,514.87
Briefly explain why negotiators may not be able to modify their negotiating approach effectively and therefore should not make large modifications to their approach when negotiating cross-culturally.
What will be an ideal response?
Feelings are neither right nor wrong, but behavior is.
Answer the following statement true (T) or false (F)
A ________ can easily be converted to cash, such as accounts receivable and notes receivable.
A. pro forma B. cash flow C. current asset D. balance sheet