Among the reasons for the existence of gray markets are:

A. a company's price-discount policy
B. differential currency exchange rates across countries
C. differential cost structures across retailers
D. highly selective distribution
E. all of the above


E

Business

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Indicate whether the statement is true or false

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On January 1 . 2014, Yearly Corporation issued $500,000 of 1 . percent, 10-year bonds at 88.5 . Interest is payable on December 31 . If the market rate of interest was 1 . percent at the time the bonds were issued, how much cash was paid for interest in 2014?

a. $44,250 b. $50,000 c. $53,100 d. $60,000

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Estimated liabilities commonly arise from all of the following except:

A. Pension benefits. B. Warranties. C. Vacation benefits. D. Employee benefits. E. Unearned revenues.

Business

When using an original approach, choose an anecdote likely familiar to your audience

Indicate whether the statement is true or false

Business