Hostile tender offers are tender offers made without the permission of the target company's management
Indicate whether the statement is true or false
TRUE
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Retailers can possess channel control through _____
a. franchising b. fair trade legislation c. private brands d. tying contracts
Franklin Company obtained a $160,000 line of credit from State Bank on January 1, Year 1. The company agreed to accept a variable interest rate that was set at 1% above the bank's prime lending rate. The bank's prime rate of interest and the amounts borrowed or repaid during the first three months of Year 1 are shown in the following table. Assume that Franklin borrows or repays on the first day of each month. Amount Borrowedor (Repaid)Prime Rate forthe Month1-Jan$52,000? 4.0% 1-Feb (21,000)? 4.5% 1-Mar 52,000? 5.0% What is the amount of interest expense recognized in March? (Do not round your intermediate calculations. Round your final answer to the nearest whole number.)
A. $415 B. $277 C. $311 D. $346
With the help of software and the lower costs of owned and social media, firms are able to more efficiently target smaller segments.
Answer the following statement true (T) or false (F)
Which of the following countries exemplifies the concept of opportunity cost?
A. An African country that produces electronic goods on a large scale without compromising on any other produce B. A South American country that expands its trade relations to neighboring countries C. A European country that produces more cotton than a North American country despite having equal resources D. An Asian country that increases its production of sugar by decreasing its production of cocoa