Consider a fixed-payment security that pays $100 at the end of every year for three years. If the annual rate of discount is 10 percent, the present value of the security is

A. $24.87.
B. $248.69.
C. $294.10.
D. $1,000.00.


Answer: B

Business

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Which statement describes an approach that is most appropriate for training employees from cultures high in uncertainty avoidance?

A. Trainers emphasize trainees' relationships with one another. B. Trainers allow trainees to determine the pace of the programs. C. Trainers provide a formal instructional environment. D. Trainers are flexible and open to schedule and activity changes. E. Trainers adopt an impromptu style of instruction.

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External databases are electronic collections of consumer and market information obtained from data sources within a company's network

Indicate whether the statement is true or false

Business

Stress can be revealed in three ways EXCEPT:

A. Psychological B. behavioral C. physiological D. economical

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Development of a transfer price involves

a. including only costs allocated from corporate levels when determining semi-finished product line costs. b. direct upper management intervention if different transfer prices are determined by the selling division and the buying division. c. applying a target profit rate to the unit cost for the semi-finished product. d. heavy reliance on industry averages.

Business