Interest on a $100,000 note at 4% for 45 days is $493. (Use a 360 day year. Round your answer to the nearest dollar.)
Indicate whether the statement is true or false
FALSE .$100,000 x 0.04 x 45 / 360 = $500
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Compared to other pricing strategies, it's relatively hard to arrive at a selling price using the cost-plus pricing method, even if the accounting costs are readily available
Indicate whether the statement is true or false
Which of the following is a question an analyst would ask when assessing the quality of a firm's financial statements?
a. Are the company's products designed to meet a specific market segment? b. Has the firm integrated forward into retailing to final consumers? c. Is the firm diversified across several geographical markets? d. Do earnings include nonrecurring gains or losses?
The owner of a successful independent book store has been thinking lately that she either needs to find a new location or expand this one as she stumbles over boxes of books in the cramped space
What type of research design should she use to determine how her customers feel about the current store? Why?
Which of the following is characteristic of online social networks?
A) use of one-way communication techniques B) negligible adoption rates C) guaranteed positive results D) easy methods to measure results E) user-controlled content