JT purchases 1,000 shares of stock at $23.50 per share in January 2006. He sells the 1,000 shares in
January 2110 for $35.50 per share. What is his internal rate of return?
A) 10.86% B) 16.08% C) 8.06% D) 6.08%
A
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Geert Hofstede’s multinational study examining national cultures was criticized for ______.
a. outdated definitions of culture b. small sample sizes *c. its lack of scientific rigor and cultural bias d. exclusion of certain ethnic and racial groups
Which sentence uses correct capitalization?
A) ?The stockholders' meeting will be held on October 1 in the conference room. B) the stockholders' meeting will be held on October 1 in the Conference Room. C) The stockholders' Meeting will be held on October 1 in the conference room.
Which of the following constitutes a defense to US challenges of employment decisions abroad?
a. The foreign employer is controlled by a foreign person. b. Foreign compulsion. c. Bona Fide Occupational Qualification. d. All of the above
Rawhide Outfitters had projected its sales for the first six months of 2012 to be as follows:
Jan. $50,000 April $180,000 Feb. $60,000 May $240,000 Mar. $100,000 June $240,000 Cost of goods sold is 60% of sales. Purchases are made and paid for two months prior to the sale. 40% of sales are collected in the month of the sale, 40% are collected in the month following the sale, and the remaining 20% in the second month following the sale. Total other cash expenses are $40,000/month. The company's cash balance as of March 1st, 2012 is projected to be $40,000, and the company wants to maintain a minimum cash balance of $15,000. Excess cash will be used to retire short-term borrowing (if any exists). Fielding has no short-term borrowing as of March 1st, 2012. Assume that the interest rate on short-term borrowing is 1% per month. How much short term financing is needed by March 30, 2012? A) $70,000 B) $15,000 C) $110,000 D) $85,000