Trade show management companies are a useful resource for information about the projected number of attendees at a trade show and the media that will most likely cover the show
Indicate whether the statement is true or false
TRUE
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Path–goal theory suggests that leaders should respond to followers who need to excel from a(n) ______.
A. achievement style B. supportive style C. directive style D. participative style
When a company is evaluating an investment proposal with high risk, a low discount rate should be used
Indicate whether the statement is true or false
The following statements are true regarding the operating cycle of a merchandising company except:
A. The operating cycle ends with the collection of cash from the sale of merchandise. B. The operating cycle sometimes involves accounts receivable. C. The operating cycle can vary in length among different merchandising companies. D. The operating cycle begins with the purchase of merchandise. E. The operating cycle is shortened by credit sales.
Lars was charged 10.5% interest and paid $475 interest on a simple interest loan for 30 days from his local bank. How much did he borrow? Use exact interest. (Round to the nearest cent)