As few agencies have the capability to produce television ads in-house, most rely on independent
A. ad intermediaries.
B. Internet boutiques.
C. production houses.
D. art studios.
E. art agencies.
Answer: C
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Your bank offers to lend you $100,000 at an 8.5% annual interest rate to start your new business. The terms require you to amortize the loan with 10 equal end-of-year payments. How much interest would you be paying in Year 2?
A. $7,531 B. $7,927 C. $8,323 D. $8,740 E. $9,177
A minimum cash balance required by a bank is called
A) cash in bank B) cash equivalent C) compensating balance D) EFT
Upon review of Bert's statement of cash flows, the following was noted: Cash flows from operating activities $ 60,000 Cash flows from investing activities (125,000) Cash flows from financing activities 115,000 From this information, the most likely explanation is that Bert is:
A) using cash from operations and selling long-term assets to pay back debt. B) using cash from operations and borrowings to purchase long-term assets. C) using its profits to pay back debt. D) using cash from investors to provide for operations.
In PERT/CPM, what is meant by the critical path?
What will be an ideal response?