The effective interest rate generally is ________
A) higher on a loan if interest is paid at maturity
B) lower if the loan is a discount loan
C) higher if the loan is a discount loan
D) not affected by whether the loan is a discount loan or a loan with interest paid at maturity
C
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The following information was presented in the balance sheet of Gloria Company as of December 31, 2014: Trade accounts receivable, net of allowance for uncollectibles of $100,000 $1,600,000 Which one of the following statements is true?
a. Gloria expects that $1,700,000 of accounts receivable will be collected after year end. b. The balance in the Accounts Receivable account in Gloria's general ledger is $1,600,000. c. The net realizable value of Gloria's accounts receivable is $1,600,000. d. Gloria expects to collect only $1,500,000 from its customers.
A detailed quarterly plan that states how many units of product each salesperson on the team needs to sell per month is an example of a(n) ________
A) business plan B) financial plan C) strategic plan D) functional plan E) operational plan
It is easiest for marketers to create an emotional connection between a consumer and a(n) ________ product
A) approach B) augmented C) core D) avoidance E) utilitarian
An example of a tactical pricing decision is _____
a. pricing at market levels b. charging list prices on all items c. reducing prices on specific seasonal merchandise which is overstocked d. allowing in-store negotiation