With an interest rate of 10 percent, the present value of a security that pays $1,100 next year and $1,460 four years from now is approximately
A) $1,000.
B) $2,000.
C) $2,560.
D) $3,000.
B
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The combination of customer relationship management (CRM) and supply chain management (SCM) systems is referred to as _____.
A. decision support systems (DSSs) B. enterprise resource planning (ERP) systems C. business intelligence (BI) systems D. geographic information systems (GISs)
Which of these actions is applicable under the Uniform Gifts to Minors Act?
A. Gifts of registered securities can be made by merely delivering the securities to a bank trustee. B. Adults can make a gift of money to minors by depositing the money with a bank in an account in the donor's name. C. Adults are prohibited from making gifts of unregistered securities to minors. D. Gifts of unregistered securities can be made by registering the securities in the name of another adult.
Which of these is not a characteristic that distinguishes retailing from other types of business?
a. Store location is more important for retailers than for wholesalers. b. The average size of a sales transaction for retailers is less than for manufacturers. c. Retail sales are more cyclical than organizational sales. d. While final consumers make many impulse purchases, organizational consumers are more systematic in their purchasing activity.