Which of the following sentences best focuses on the audience?
A) We are very pleased to have you as our newest customer.
B) You can help us by sending us your payment immediately.
C) Register now to lock in your preferred travel dates.
D) All sentences are focused on the audience rather than the sender.
C
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If your after-tax expected real interest rate is 3 percent and your expected inflation rate is 2 percent, what was the nominal interest rate on your one-year bond if you faced a tax rate of 20 percent?
A. 5.0 percent B. 5.75 percent C. 6.0 percent D. 6.25 percent
A building was purchased for $250,000. It has accumulated depreciation of $40,000 and an expected residual value of $50,000. Assuming the use of straight-line depreciation, its estimated useful life must be
A) 15 years. B) 10 years. C) 5 years. D) impossible to determine from the facts given.
Bluefield Inc is considering a project that will require an initial investment of $75,000 and is expected to generate future cash flows of $15,000 for years 1 through 3 and $10,000 for years 4 through 8. The project's payback period is:
A) 6 years. B) 5 years. C) 4 years. D) 2.67 years.
The term for individual state laws (vary by state) that provides legal recourse or some form of remedy to consumers when a product does not meet basic quality and performance standards.
A) Obligatory Agreement B) Lemon laws C) Junk Law D) Damaged Deed Agreement E) Potential Damage Warranty