The cost of giving up a cash discount under the terms of sale 1/10 net 60 (assume a 360-day year) is ________.

A) 7.3 percent
B) 6.1 percent
C) 14.7 percent
D) 12.2 percent


A) 7.3 percent

Business

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Which of the following companies typically has a polycentric management orientation?

A) transnational B) international C) domestic D) multinational

Business

Suppose you own a mutual fund which has 11,326,555 shares outstanding. If its total assets are $70,111,050 and its liabilities are $12,444,100, find the net asset value of the fund.

A. $5.09 B. $5.13 C. $5.36 D. $5.98

Business

Differences in attitudes, values, beliefs, and personality are all examples of ______.

A. surface-level diversity B. bottom-level diversity C. deep-level diversity D. top-level diversity

Business

Frothy Beverage Corporation is a public company whose shares are traded in the public securities markets. Under the Securities Act of 1933, Frothy is required to

a. contribute to the operations of national stock exchanges. b. disclose financial and other information about its securities. c. engage in market surveillance to deter undesirable practices. d. solicit proxies for voting.

Business