You purchase $10,000 worth of supplies every 90 days and never take the trade discount of 2/10 net 30. How
much could you save each (360-day) year if you took the discount?
What will be an ideal response?
2% × $10,000 = $200
4-90 day periods per year
$200 × 4 = $800
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An advantage of the partnership form of business organization is
a. unlimited liability b. mutual agency c. ease of formation d. limited life
Briefly describe how concurrent and predictive validation research is conducted, and identify at least two potential advantages of predictive validation.
What will be an ideal response?
What are any four heuristics for prioritizing resource allocation to activities? Why would a project manager choose one above another?
What will be an ideal response?
Both assets A and B plot on the SML. Asset A has an expected return of 15% and a beta of 1.7. Asset B has an expected return of 12% and a beta of 1.1. What is the risk-free rate of return?
A) 5.0% B) 6.5% C) 11.5% D) It cannot be determined from this information.