What is a mutual fund that has sales charges or commissions?
A) No-Load Funds
B) Load Funds
C) Sales Charge Funds
D) Commission Funds
E) Pay Based Funds
B) Load Funds
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A major advantage to the retail method of accounting is the _____
a. ease of bookkeeping b. accuracy of the cost complement figure c. ability to prepare a profit-and-loss statement on the basis of book inventory figures d. freedom from even having to take a physical inventory
The first unit of a product took 50 hours to build, and the learning curve is 80%. How long will it take to make the third unit? (Use at least three decimals in the exponent if you use the formula approach.)
A) under 30 hours B) about 32 hours C) about 35 hours D) about 50 hours E) about 75 hours
Discuss how multinational corporations can be both a benefit and a detriment to society
Earnings before interest and taxes (EBIT) is a descriptive label for ________
A) operating profits B) net profits before taxes C) earnings per share D) gross profits