Securitization delays the receipt of cash from sales made on credit
Indicate whether the statement is true or false
False
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Which of the following statements is true about mass media?
A) Personal channels of communication are often called mass media. B) Television advertising is an example of mass media. C) Sales force is a communication channel included in mass media. D) B-to-B companies spend a higher percentage on mass media than consumer-product companies.
Issuing bonds at a discount has the effect of decreasing interest expense below the face amount of interest
Indicate whether the statement is true or false
If a sale made in a foreign subsidiary is in the local currency, and there is a time lag on payment,
A. there is no transaction risk because the currency is local. B. economic risk may be present. C. interest may be due. D. there is likely to be exchange risk.
The following direct labor information pertains to the manufacture of product Glaze: Time required to make one unit 3direct labor hoursNumber of direct workers 25 Number of productive hours per week, per worker 36 Weekly wages per worker$700 Workers' benefits treated as direct labor costs 30% of wagesWhat is the standard direct labor cost per unit of product Glaze? (CPA adapted)
A. $75.83. B. $19.44. C. $25.28. D. $58.33.