Which is 7.0 written as a percent?

A) 700%
B) 70.0%
C) 7.0%
D) 0.7%


A

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The Hermitage, a famous Russian art museum, was suffering financial difficulties as the result of lost funding and a decline in tourists. The decrease in visitors was blamed on a lack of awareness of the treasures contained in the museum. The Hermitage's director used a strategic alliance with IBM to create a website where people view some of the wonders of the Hermitage in an online virtual tour. The hope is that this sampling of paintings, sculptures, artifacts, etc. will encourage visitors to make a trip to the Hermitage and spend enough money there to cover operational costs. The Hermitage is a(n) ________ that uses online virtual tours to market itself worldwide.

A. assembly B. good C. charity D. idea E. service

Business

The income statement account most likely affected by an AIS investment in customer relationship management (CRM) would be:

A. Cost of Goods Sold. B. Revenues. C. Selling, General and Administrative Expenses. D. Unearned Revenue.

Business

This harvest option has the advantage of financing growth that the company could not achieve on its own.

A. increase the free cash flow B. management buyout C. employee stock ownership plan D. merger or acquisition

Business

What are the benefits of borrowing money for capital investment?

What will be an ideal response?

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