A year ago, you invested $1,000 in a savings account that pays an annual interest rate of 6%. What is your approximate annual real rate of return if the rate of inflation was 2% over the year?
A. 4%
B. 2%
C. 6%
D. 3%
A. 4%
6% – 2% = 4%.
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At the end of the year, overhead applied was $35,000,000. Actual overhead was $34,200,000. Closing over/under applied overhead into cost of goods sold would cause net income to increase/decrease by?
A) Increase by $800,000 B) Decrease by $800,000 C) Not effect net income. D) Decrease net income by $200,000
Which of the following is NOT a way to demonstrate confidence during an interview?
a. Smiling b. Speaking directly c. Arguing to show self-assurance d. Telling the interviewer how happy you are to have the opportunity to meet
Typically, B2B buyers ask potential suppliers to
A. determine product needs with final customers. B. write the RFP for the buyer. C. organize themselves into selling cooperatives. D. always be involved in reselling. E. submit formal proposals.
When a bailee is holding goods that are to be delivered under a contract without being moved, the risk of loss cannot pass to a buyer.?
Indicate whether the statement is true or false