Prudence Co. receives a $26,000, 90-day, 4% note receivable. What is the amount of interest that is due at maturity?
What will be an ideal response?
$26,000 * .04 * 90/360 = $260
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How has the expenditure of promotional dollars on advertising, consumer sales promotion methods, and trade sales promotion methods changed in recent years?
What will be an ideal response?
An section of an image defined by the AREA element is called a(n) ________
(a) hotspot. (b) internal hyperlink. (c) image link. (d) hidden link.
Which of the following is true of one-way linkage?
A. It precludes the company from considering human resource issues while formulating the strategic plan. B. In this level, the human resource management function is involved in both strategy formulation and strategy implementation. C. In this level, the human resource management executive has no time or opportunity to take a strategic outlook toward human resource issues. D. In this level, the human resource management functions are built right into the strategy formulation process. E. It lets the human resource management executive give strategic planners information about the company's human resource capabilities.
Which of the following statements regarding futures contracts is FALSE?
A) Both the buyer and the seller can get out of the contract at any time by selling it to a third party at the current market price. B) Futures prices are not prices that are paid today. Rather, they are prices agreed to today, to be paid in the future. C) Futures contracts are traded anonymously on an exchange at a publicly observed market price and are generally very illiquid. D) Investors are required to post collateral, called margin, when buying or selling commodities using futures contracts.