Kate and Allie sell stereos. Last month Kate sold 14 more stereos than Allie. Together they sold 92. How many stereos did Allie sell?
39 stereos
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Morgan Company issues 10%, 20-year bonds with a par value of $790,000 that pay interest semiannually. The current market rate is 9%. The amount paid to the bondholders for each semiannual interest payment is:
A. $79,000. B. $39,500. C. $71,100. D. $395,000. E. $35,550.
A foreign investor may enter into a joint venture by combining with a national of a host country to create a new entity or by acquiring a portion of an existing local entity
Indicate whether the statement is true or false
Ped-Tastic is a small manufacturer of shoes designed to provide superior levels of comfort. The company is trying to decide on an intermediary to help get the shoes to retailers. Management is hoping to find someone to represent the company in negotiating with retailers. Management wants to retain control over the pricing and promotion of the shoes to retailers, and wants the intermediary to exclusively sell Ped-Tastic shoes and nothing else. Ped-Tastic should most likely be looking for a
A. broker. B. manufacturer's agent. C. selling agent. D. sales office. E. drop shipper.
ABC operates a factory in the United Kingdom. Because the company’s existing factory doesn’t have the capacity to meet the future demands, it is considering various options. Consider the payoff matrix that shows the payoff for each combination of decision and state of nature. Determine the best alternative, given that the demand will be high.
A. expand current facility
B. build small factory
C. build large factory
D. determine a new alternative