A basis point is ________

A) one-thousandth of a percentage point
B) one percentage point
C) one-tenth of a percentage point
D) one-hundredth of a percentage point


Answer: D

Business

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Explain why competitive advantages are temporary.

What will be an ideal response?

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______ is the intention and ability to listen to others, use the content and context of the communication, and respond appropriately.

A. Passive listening B. External listening C. Internal listening D. Active listening

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Excerpts from Sydner Corporation's most recent balance sheet appear below: Year 2Year 1Current assets:        Cash$140 $160   Accounts receivable, net 210  230   Inventory 240  200   Prepaid expenses 10  10 Total current assets$ 600 $ 600 Total current liabilities$ 360 $ 330 Sales on account in Year 2 amounted to $1,390 and the cost of goods sold was $900.The working capital at the end of Year 2 is:

A. $240 B. $880 C. $1,000 D. $600

Business

One of the advantages of radio as an advertising medium is that it

A. doesn't require marketers to segment an audience. B. is audio-only. C. is cost-effective. D. is good for complex messages. E. has a long exposure time.

Business