In Grace's hometown, there is a mall with a small Sears store, a Macy's department store, a couple of fast-food restaurants, a few specialty shops, and a convenience store. The mall features seasonal sidewalk sales and boat shows. This mall is most likely a ____ shopping center.

A. neighborhood
B. national
C. regional
D. community
E. city


Answer: D

Business

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Indicate whether the statement is true or false

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The following static budget is provided: Per Unit TotalSales$50?  $850,000? Less variable costs:       Manufacturing costs 20?   340,000? Selling and administrative costs 10?   170,000? Contribution margin$20?  $340,000? Less fixed costs:       Manufacturing costs     75,000? Selling and administrative costs     135,000? Total fixed costs     210,000? Net income    $130,000?  What will be the overall volume variance if 20,000 units are produced and sold?

A. $60,000 F B. $150,000 F C. $60,000 U D. $30,000 U

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A coupon bond is reported as having an ask price of 108% of the $1,000 par value in the Wall Street Journal. If the last interest payment was made one month ago and the coupon rate is 9%, the invoice price of the bond will be

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Business