If you put $600 into a savings account that pays simple interest of 10% per year and then withdraw the money two years later, you will earn interest of $126.

Answer the following statement true (T) or false (F)


False

Simple interest = ($600 × 10%) + ($600 × 10%) = $120.

Business

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In the United States, younger workers are:

A. Significantly less likely to belong to a union than older workers. B. Significantly more likely to belong to a union than older workers. C. Slightly less likely to belong to a union than older workers. D. As likely as older workers to belong to a union.

Business

Which of the following statements is True?

a. The combined total of labor and overhead is called prime cost. b. The combined total of material and labor is called conversion cost. c. The combined total of material and overhead is called period cost. d. Statements a, b and c are all false.

Business

Gladwell’s (2000) three phenomena for change are ______.

A. contagiousness, small causes can have big effects, and change occurs gradually B. contagiousness, small causes have small effects, and change occurs at one dramatic moment C. contagiousness, small causes can have big effects, and change occurs at one dramatic moment D. contagiousness, small changes have no effect, and change occurs at one dramatic moment

Business

Hiring an employee from a competitor firm who has brought with her proprietary information is ethical so long as the employee has not breached an employment contract with that competitor

Indicate whether the statement is true or false

Business