What rate of return results in a present value of $23 for $25 received one year from now?
A) 7.8%
B) 8.1%
C) 8.4%
D) 8.7%
Answer: C
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When you are ill, fatigued, in poor physical condition, or not feeling well, listening can suffer.
Answer the following statement true (T) or false (F)
If there are 325 items on an order and the firm ships 318 of the items on time, the item fill rate is ________ percent.
Fill in the blank(s) with the appropriate word(s).
Currently the cost structure is such that the company cannot achieve its profit objective and must cut costs. If variable costs cannot be reduced, how much reduction in fixed costs will be needed to achieve the desired target? Show all computations.
Dynamo Company is a price-taker. The company produces generators in a highly competitive market; thus, it uses target pricing. The current market price is $600 per unit. The company has $18,500,000 in average assets, and the desired profit is a return of 8% on assets. Assume all products produced are sold. The company provides the following information:
Which of the following statements about electronic data interchange is FALSE?
A. EDI puts information into a standardized format. B. A customer transmits order information directly to the supplier's computer. C. Inventory information is automatically updated. D. EDI is very common in the United States. E. EDI has not yet spread to international markets.