A number of states have enacted legislation providing that loan commitments must be in writing to be enforceable
a. True
b. False
Indicate whether the statement is true or false
True
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Managers who use rewards as external motivators for salespeople should most likely:
A) set goals that are realistic B) set goals based only on final sales numbers C) give rewards at regular intervals D) give primarily financial rewards E) give the same rewards to all salespeople
What are the four categories covered in typical job descriptions?
What will be an ideal response?
Almendarez Corporation is considering the purchase of a machine that would cost $320,000 and would last for 7 years. At the end of 7 years, the machine would have a salvage value of $51,000. By reducing labor and other operating costs, the machine would provide annual cost savings of $72,000. The company requires a minimum pretax return of 18% on all investment projects. (Ignore income taxes.)See separate Exhibit 13B-1 and Exhibit 13B-2, to determine the appropriate discount factor(s) using the tables provided.The net present value of the proposed project is closest to:
A. $5,464 B. $(45,536) C. $(94,042) D. $(29,522)
Given that z is a standard normal random variable and that the area to the right of z is 0.1949, then the value of z must be:
a. 0.51. b. -0.51. c. 0.86. d. -0.86.