What is meant by a CUSIP number, and why is it important?
What will be an ideal response?
By a CUSIP number, we mean a unique number assigned to a firm's security to identify it. Thus, its importance lies in its ability to singularly identify each security. Most securities are identified by the characters (letters and numbers) found in its CUSIP number. CUSIP stands for Committee on Uniform Security Identification Procedures. For securities that have nine characters, the first six characters identify the issuer: the corporation, government agency, or municipality. The next two characters identify whether the issue is debt or equity and the issuer of the issue. The last character is simply a check character that allows for accuracy checking and is sometimes truncated or ignored. The CUSIP International Numbering System (CINS) is used to identify foreign securities and includes 12 characters.
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Inventory turnover measures ________.
A) the days' sales in inventory ratio B) how rapidly merchandise inventory is purchased C) how rapidly merchandise inventory is sold D) the time period for inventory to become obsolete
Rex owns a sporting goods company that has now expanded to 200 stores across the country. His main form of marketing is advertising in different magazines. In Vermont and New York, he advertises in skiing magazines. In California he advertises in surfing magazines. In Colorado and Utah, Rex advertises in magazines focused on hiking. On the other hand, Rex is also trying to get professional golfing associations to purchase some of his high-end golfing equipment. In this case, rather than advertising Rex meets with representatives from these organizations personally. Rex is most likely selecting promotion mix factors based on
A. characteristics of the product. B. promotional resources, objectives, and policies. C. characteristics of the target market. D. costs and availability of promotional methods. E. push and pull channel policies.
If a creditor damages collateral security given to secure a debt, surety is not discharged
Indicate whether the statement is true or false
State variables in a shortest-route problem represent
a. decisions. b. locations in the network. c. the minimum distance between nodes. d. None of these are correct.