Media alerts are informative press releases generated to supply connectors with facts about upcoming news conferences
Indicate whether the statement is true or false
TRUE
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A leading bank is coming up with an investment that pays 8 percent interest compounded semiannually. What is the investment's effective annual rate (rEAR)? Use a financial calculator to determine the amount.
A. 8.16% B. 8.36% C. 8.56% D. 8.76% E. 8.96%
Explain why an organization may choose to decentralize authority. What are some possible downsides to this approach?
What will be an ideal response?
Hubbard Kennel uses tenant-days as its measure of activity; an animal housed in the kennel for one day is counted as one tenant-day. During January, the kennel budgeted for 2,100 tenant-days, but its actual level of activity was 2,060 tenant-days. The kennel has provided the following data concerning the formulas used in its budgeting and its actual results for January:Data used in budgeting: Fixed Element per MonthVariable element per tenant-dayRevenue - $31.10 Wages and salaries$2,300 $7.20Food and supplies 1,000 8.10Facility expenses 9,500 2.70Administrative expenses 7,000 0.30Total expenses$19,800 $18.30?Actual results for January: ?Revenue$63,606 Wages and salaries$17,282?Food and supplies$18,346?Facility expenses$14,432?Administrative
expenses$7,408???The facility expenses in the flexible budget for January would be closest to: A. $14,712 B. $14,157 C. $15,170 D. $15,062
Of the following statements about a day trader, which is not correct?
A) They have a short-term focus. B) They may buy and sell on the same day. C) They are more risk averse than most investors. D) Day trading may be their career.