Assuming a 360-day year, proceeds of $48,750 were received from discounting a $50,000, 90-day note at abank. The discount rate used by the bank in computing the proceeds was
a. 6.25%
b. 10.00%
c. 10.26%
d. 9.75%
b
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Most states apply to a limited liability company formed in another state the law of the state in which the firm currently does most of its business.
Answer the following statement true (T) or false (F)
___________ measures the market value of goods and services produced within a nation in a particular year.
What will be an ideal response?
The major problem addressed by the warehouse layout strategy is:
A) minimizing difficulties caused by material flow varying with each product. B) requiring frequent close contact between forklift drivers and item pickers. C) addressing trade-offs between space and material handling. D) balancing product flow from one work station to the next. E) locating the docks near a convenient access point to the closest highway.
A legal firm would be considered a __________.
A. merchandise company. B. manufacturer. C. service company. D. none of the above