Kirk presents an instrument that states "pay to the order of Liv" to Metro Bank for payment. This is a special type of draft drawn on a bank, ordering the bank to pay a fixed amount of money on demand. This is

A. a certificate of deposit.
B. a check.
C. a debit card transaction receipt.
D. a trade acceptance.


Answer: B

Business

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The company's culture most directly affects   

A. the number of competitors a firm has. B. the number of products a company makes. C. the amount charged for the firm's products or services. D. the manager's happiness. E. the education of the workforce.

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When its monitoring software spotted a Twitter post that went to 10,000 followers from an upset consumer who couldn't redeem a prize from a MyCoke rewards program, Coke quickly posted an apology on his Twitter profile and offered to help resolve the

situation. This is an example of which of the following? A) mystery shopper actions B) consumer panel data C) purchasing outside information D) acting on marketing intelligence E) conducting a sentiment analysis

Business

Who are the different unsecured creditors who receive distributions of a debtor's estate?

What will be an ideal response?

Business

Griffith Corporation is considering an investment in a labor-saving machine. Information on this machine follows: Cost $30,000 Salvage value in five years $0 Estimated life 5 years Annual depreciation $6,000 Annual reduction in existing costs $8,000 Refer to Griffith Corporation. Assume for this question only that Griffith Corporation uses a discount rate of 16 percent to evaluate projects of

this type. What is the project's net present value? Present value tables or a financial calculator are required. a. $(6,283) b. $(3,806) c. $(23,451) d. $(22,000)

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