A premium is a promotional item that is given as an incentive for performing a particular act, typically buying a product.

Answer the following statement true (T) or false (F)


True

A premium is a promotional item that is given as an incentive for performing a particular act, typically buying a product. Premiums can come in a variety of forms including toys, collectibles, and souvenirs.

Business

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Answer the following statement(s) true (T) or false (F)

1. The three functions of money are: acceptability, divisibility, and portability. 2. In order to be useful as medium of exchange money should have the following characteristics: acceptability, divisibility, portability, durability, stability, and scarcity. 3. In order to serve as an effective medium of exchange there should be an unlimited supply of money. 4. The M1 supply of money includes time deposits and money market accounts. 5. Currency only represents about 30 percent of M1.

Business

Interpret this sensitivity report for the variable cells

Final Reduced Objective Allowable Allowable Cell Name Value Cost Coefficient Increase Decrease $B$13 A 9 0 5 1E+30 1.25 $C$13 B 0 -2 6 2 1E+30 $D$13 C 0 -2 1 2 1E+30

Business

The inventory, purchases, and cost of goods sold budget determines cost of goods sold for the budgeted income statement, ending Merchandise Inventory for the budgeted balance sheet, and merchandise inventory purchases for the cash budget

Indicate whether the statement is true or false

Business

Explain the two ways in which a bank can sell its position in a syndicated loan

What will be an ideal response?

Business