Compute the missing value
a. The price decreased from $16.50 to $13.20; the percent decrease was __________.
b. Increasing the base value 217 by 100 . yields the new value __________.
c. Decreasing the base value _________ by 75% gives a decrease of 90 units.
a. 20%
b. 434
c. 120
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Media outlets describe the topics they intend to cover during the coming year by
A) holding press conferences. B) publishing editorial calendars. C) creating special televised business-to-business campaigns. D) hiring celebrity spokespersons to make announcements at industry conventions. E) leaking information to a select handful of elite industry bloggers.
If Jeans Inc. wants to ensure that customers receive a consistent message about its product, it should use the concept of _____.
A. advertising B. sales promotion C. integrated marketing communications D. personal selling E. public relations
Output devices include journal entries, keyboards and scanners.
Answer the following statement true (T) or false (F)
What is the required adjustment to ABC's accounts receivable at year-end as a result of this transaction?
ABC Inc. sells thermal compressors throughout the world. On January 1, 2016, the company sold 500 compressors to an American supplier at a total cost US$60,000 when the spot rate was US$1 = CDN$1.1750. Payment on the invoice was due by May 1, 2016. ABC entered into a 4-month hedge with its bank at a forward rate of CDN$1.20 on January 2, 2016. The forward contract was declared to be a fair value hedge of the fair value of the receivable from the American customer. ABC's year-end is on January 31, and on that date in 2016, the spot rate in effect was CDN$1.1825 and the forward rate to May 1, 2016 was CDN$1.1950. ABC received payment from its supplier on May 1, 2016 when the spot rate was US$1 = CDN$1.1975. A) Nil. B) CDN$900 increase. C) CDN$450 increase. D) CDN$450 decrease.