In general, as the fraction of increased demand coming from forward buying grows, offering the promotion during the peak demand period becomes more attractive

Indicate whether the statement is true or false.


Answer: FALSE

Business

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Turner Corporation has 150,000 shares of $12 par value common stock issued and outstanding. The board of directors of Turner Corporation declared a 3-for-1 stock split. Required:What dollar amount would be shown for common stock on the balance sheet after the stock split?

What will be an ideal response?

Business

The discount rate used in net present value calculations is the company's minimum rate of return

Indicate whether the statement is true or false

Business

Colons separate ___________ from minutes

a. seconds b. hours c. reports d. words

Business

Chen is searching for a job and has prepared a thorough résumé that includes the customary sections, plus information related to his volunteer work and foreign travel. Including these "extras" has caused his résumé to be two pages in length. What advice would you give him?

a. If including the extra information will likely increase his chances of getting an interview, he should leave it in, regardless of whether it takes two pages. b. He should cut enough information to keep the résumé length to one page. c. He should leave the information in the résumé; just change the margin and font so that it all fits on one page. d. Don't worry about length; it is unimportant in résumé design.

Business