Bond duration refers to the remaining life of a bond
Indicate whether the statement is true or false.
Answer: FALSE
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A local distributor for a Belgian chocolate manufacturer expects to sell 12,000 cases of chocolate truffles next year. The annual holding costs for the truffles are $16 per case per year. The ordering cost is $60 per order. The distributor operates 320 days a year. Then there will be ______.
A. three orders per month B. 40 orders per year C. one order every week D. two orders every month
What is OLAP? Explain its features.
What will be an ideal response?
In most instances of differential pricing, demand from the segment paying the lower price
A) arises earlier in time than demand from the segment paying the higher price. B) arises later in time than demand from the segment paying the higher price. C) arises about the same time as demand from the segment paying the higher price. D) arises both earlier and later in time than demand from the segment paying the higher price.
Guareno Clinic uses client-visits as its measure of activity. During December, the clinic budgeted for 2,500 client-visits, but its actual level of activity was 2,450 client-visits. The clinic has provided the following data concerning the formulas used in its budgeting and its actual results for December:Data used in budgeting: Fixed element per monthVariable element per client-visitRevenue - $45.20 Personnel expenses$34,300 $13.30Medical supplies 1,600 5.40Occupancy expenses 10,000 1.80Administrative expenses 3,800 0.20Total expenses$49,700 $20.70?Actual results for December: ?Revenue$108,650 Personnel expenses$65,755?Medical supplies$14,380?Occupancy expenses$14,000?Administrative expenses$4,210???The spending variance for medical
supplies in December would be closest to: A. $720 U B. $450 F C. $720 F D. $450 U