Suppose that a Swiss watch that costs 400 francs in Switzerland costs $200 in the United States. The exchange rate between the franc and the dollar is
a. 2 francs per dollar.
b. 1 franc per dollar.
c. $2 per franc.
d. $3 per franc.
a. 2 francs per dollar.
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Rhonda has been working for 42 years and has reached retirement age. She is eligible for the 401(k) employee-contribution retirement plan. Based on the given information, Rhonda most likely works in:
A. a Christian mission hospital. B. the United Nations Security Council. C. the U.S. Department of Treasury. D. a steel manufacturing company owned by an industrialist.
Other things held constant, if a firm "stretches" (i.e., delays paying) its accounts payable, this will lengthen its cash conversion cycle (CCC).
Answer the following statement true (T) or false (F)
Which of the following would most likely be classified as a distribution industry?
A. Subassembly plant B. TV repair shop C. Insurance agency D. Grocery store E. Medical office
Which act greatly reduced controls over entry into the common and contract carrier fields?
a. ICC act of 1995 b. The Railroad Act of 1974 c. The 1980 Motor Carrier Act d. The 1996 Interstate transportation act