First City Bank computes interest semiannually. If the interest rate is currently 6 percent per annum, the amount deposited today should be multiplied by which future value factor to calculate the amount that will accumulate by the end of 10 years?
a. 20 periods at 12 percent
b. 20 periods at 3 percent
c. 10 periods at 6 percent
d. 10 periods at 3 percent
B
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Direct expenses are assigned to departments based on
a. estimated expenses. b. actual expenses. c. the percentage of total net sales represented by each department. d. the percentage of gross sales represented by each department.
When Cathy went shopping, she paid a lot to buy a jacket that had a well-known designer's tag attached to it
After a few days, she came across a jacket which was undistinguishable from the one she had bought but was priced 5 times lesser than the earlier one. She didn't give this a second thought because she was convinced that the designer label she had bought was worth it. What can be deduced from this?
A product life cycle has five distinct stages: product development, introduction, growth, maturity, and ________
A) stabilization B) rebranding C) decline D) progression E) segmentation
Tone Zone plans to introduce four mp3 player models over the next year. These models range from basic players at $99 per unit, to more sophisticated players at $399 per unit. The more features a model has, the more expensive it is
What pricing strategy is Tone Zone using for its range of mp3 players? A) product line pricing B) product bundle pricing C) captive product pricing D) by-product pricing E) optional product pricing