Which of the following statements about direct channel systems is FALSE?
A. The producer can be more aware of changes in customer attitudes.
B. There is no reliance on independent intermediaries whose objectives may be different from the producer's objectives.
C. Direct channels are more typical with business products than with consumer products.
D. Suitable intermediaries are always available even when they're needed at the last minute.
Answer: D
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A $1,000 par value bond pays interest of $35 each quarter and will mature in 10 years. If an investor's simple annual required rate of return is 12 percent, how much should the investor be willing to pay for this bond?
A. $941.36 B. $1,051.25 C. $1,115.57 D. $1,391.00 E. $1,113.00
To be enforceable, a writing evidencing an oral contract must have been signed by the party who seeks to enforce it
Indicate whether the statement is true or false
Under the U.S. tax system, a domestic corporation pays U.S. tax only on the portion of its business income earned in the United States.
Answer the following statement true (T) or false (F)
The operating cycle will decrease if you decrease the:
A) days sales in inventory. B) days in accounts payable. C) cash cycle by increasing the accounts payable period. D) accounts receivable turnover rate. E) speed at which inventory is sold.