A manufacturer that sells its goods both wholesale and at retail is called a(n):
a. conglomerate merger.
b. dual distributor.
c. essential facility.
d. franchise.
b
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When employees earn commissions as well as a salary, the employees face more of a temptation to engage in misrepresentation
Indicate whether the statement is true or false
A company issued 10-year, 8% bonds with a face value of $200,000. Interest is paid annually. The market rate on the issue date was 7.5% and the company received $206,948 in cash proceeds. Which of the following statements is correct?
A. The company must pay $200,000 at maturity plus $15,000 in interest each year for 10 years. B. The company must pay $200,000 at maturity plus $16,000 in interest each year for 10 years. C. The company must pay $184,000 at maturity plus $16,000 in interest each year for 10 years. D. The company must pay $206,948 at maturity plus $15,000 in interest each year for 10 years.
A sampling procedure that assures each element in the population of an equal chance of being included in the sample is called ____.
A. simple random sampling B. primary random sampling C. primary sampling D. stratified sampling
Uptown Cleaners is being liquidated. The building has been sold for a net of $670,000 but the mortgage due is $738,000. The remaining assets were sold with net proceeds of $154,000. Administrative costs, wages and benefits, and consumer claims equal $136,000. The firm also owes $58,000 in taxes. The secured claims total $46,000 and the unsecured claims are $138,000. What percentage of their total claims will the secured creditors be paid?
A) 11.2 percent B) 8.8 percent C) 0 percent D) 41.2 percent E) 39.1 percent