Using the above information, how much would you receive if you sold a share of Washington Post stock?

A) $683.00
B) $677.62
C) $678.50
D) $677.64


Answer: B

Business

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To determine whether a lottery winner would prefer to receive the money in a single lump sum immediately or receive an equal amount over a period of years, you would use which type of time value of money calculation?

a. The future value of a single amount. b. The present value of a single amount. c. The future value of an annuity. d. The present value of an annuity.

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Which of the following is true of the cash budget?

A) It is prepared first in the master budget. B) It is also called budgeted balance sheet. C) It consists of cash receipts and cash payments. D) It is the base for the preparation of the sales budget.

Business

Joe's Pizza Parlor is a late-night pizza and sandwich shop located on a college campus. Joe recently conducted a SWOT analysis. Compare each of the following to determine which one is a weakness for Joe's Pizza Parlor.

A. A graduate of the college, Joe is well liked in the community. B. Joe is concerned that the weak economy will lead to fewer students dining out. C. Joe finds it hard to staff the late night shifts, which are his busiest times. D. Joe is worried about the push for healthier eating. E. A new pizza shop has opened up down the street.

Business

If a party has presented a complaint to the Equal Employment Opportunity Commission about

alleged discrimination in violation of the Civil Rights Act of 1964, and the EEOC decides not to bring a suit on behalf the employee, the EEOC will issue a(n): A) Injunction to prevent the illegal behavior in the future. B) Order of dismissal of the complaint. C) Judgment in the employer's favor. D) Right to sue letter. E) Notice of the complainant's right to appeal to the appropriate court of appeals.

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