You are interested in accumulating $10,000 so that you can take a cruise in 3 years. If you trying to solve for the amount that you need to invest each year, earning 6% interest compounded annually, the $10,000 represents:
a. The amount to invest.
b. An annuity.
c. A present value.
d. A future value.
d
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Having ___________ means that you have magnetic charm, allure, and you are able to appeal to others.
a. leadership traits b. the qualities of a follower c. charisma d. none of the above
Explain how a differentiation strategy enables a business to address the five competitive forces in such a way that it can enjoy high levels of profitability.
What will be an ideal response?
When projecting operating expenses it is important to determine the mix of fixed and variable costs, one clue suggesting the presence of fixed costs is
a. the percentage change in cost of goods sold in prior years is significantly greater than the percentage change in sales. b. the percentage change in cost of goods sold in prior years is significantly less than the percentage change in sales. c. low capital intensity in the production process. d. the percentage change in sales in prior years is significantly greater than the percentage change in receivables.
When the payroll is paid, withheld payroll taxes become a(n) ________ to the employer
a. liability b. asset c. revenue d. expense