. In target-return pricing, the cost is determined by which of the following:
a. the maximum amount that your customers will pay
b. the cost of creating the product and adding a profit margin
c. pricing is based on how much you have invested in your business
d. the price you need to charge to meet your company goals
c. pricing is based on how much you have invested in your business
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A compulsory copyright license compels a copyright owner to grant a license, but it allows the owner to negotiate the terms of the license
Indicate whether the statement is true or false
Marcos buys a pneumatic drill from NuToolsInc Owen leases a table saw from Piecework Tools Sales & Lease Company. Later, Marcos and Owen become aware of defects in the goods that indicate breaches of warranty. An action for breach of warranty accrues when
a. the seller or lessor tenders delivery. b. the buyer or lessee becomes aware of the breach. c. thenonbreaching party notifies the breaching party of the breach. d. four years have passed since the breach occurred.
Suppose the exchange rate between U.S. dollars and Swiss francs is SF 1.41 = $1.00, and the exchange rate between the U.S. dollar and the euro is $1.00 = 0.70 euro. What is the cross rate of Swiss francs to euros? (In other words, how many Swiss francs are needed to purchase one euro?) Do not round the intermediate calculations and round the final answer to four decimal places. ?
A. 2.2963 B. 2.5179 C. 2.0143 D. 2.0949 E. 1.6316
According to the Wharton/CIBC Survey of 1998 on hedging, only when a firm is sufficiently large to overcome the fixed costs of hedging does the firm
A) create an international division responsible for hedging. B) institute tax shelters using hedging devices. C) institute a hedging policy. D) hold only the cash manager responsible for hedging.