Lawson Company invests $60,000 today and has $148,560 by the end of eight years. What is the firm's compound annual interest rate?
A. 18.45%.
B. 10.00%.
C. 12.00%.
D. 40.39%.
E. None of the answers is correct.
Answer: C
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Haywood Inc has the following information available for one of its products: Sales price per unit $35 Contribution margin ratio 65% Total fixed costs $10,000 Units produced and sold 5,000 In Haywood sells one more unit, net operating income will:
A) increase by $20.75. B) increase by $12.25. C) increase by $22.75. D) increase by $35.
Under what circumstances has it been held that a search warrant is not necessary?
Installations are not bought very often, but the number of potential buyers at any particular time is usually quite large.
Answer the following statement true (T) or false (F)
A few months ago, the management at Coral Trio Inc. had devised an action plan to counter its increasing employee turnover. The action plan involved enriching the employees' jobs by giving them more responsibilities, increasing their salary by 10 percent, and encouraging internal promotions. Currently, the management is evaluating the action plan to see if the employee turnover has been reduced by at least 40 percent. Which of the following stages of the PDCA cycle is Coral Trio Inc. in at present?
A. Plan B. Act C. Check D. Do