Tangshan Mining borrowed $100,000 for one year under a revolving credit agreement that authorized and guaranteed the firm access to $200,000
The revolving credit agreement had a stated interest rate of 7.5 percent and charged the firm a 1 percent commitment fee on the unused portion of the agreement. Based on this information, the effective annual interest rate on the loan is ________.
A) 7.5%
B) 8.0%
C) 8.5%
D) 9.0%
C
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A complete report or proposal often includes end matter, one or more sections that follow the conclusion. _________________________
Answer the following statement true (T) or false (F)
In which of these scenarios is the consumer most likely to experience cognitive dissonance?
A. A mother purchased snacks for her teenage son. B. A secretary rented a car for her boss's business trip. C. A jogger purchased a bottle of water for himself. D. An engaged couple bought a new house. E. A student purchased a pizza for supper.
Which of the following statements about roles within teams is true?
A. Roles are shared beliefs of how various individuals should think. B. Task specialists keep the team moving toward achieving its objectives. C. Roles apply generally to all team members. D. Team maintenance roles are filled by those with specific job-related skills. E. The formal group leader is appointed as a task specialist.
A university was interested in student reaction to a proposal to spend more on athletic
scholarships and less on academic scholarships. 35 student athletes were surveyed. What type of problem has occurred? A) measurement error B) selection bias C) nonresponse bias