If a 12% interest rate is compounded quarterly for 3 years, then there would be __________________________ compounding periods
Fill in the blank(s) with correct word
12
twelve
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________ rely on gatekeepers for fair and effective functioning of economic markets.
A. Bankers B. District attorneys C. Politicians D. Financial analysts
Underfoot Products uses standard costing. The following information about overhead was generated during May: Standard variable overhead rate $2 per machine hour Standard fixed overhead rate $1 per machine hour Actual variable overhead costs $390,000 Actual fixed overhead costs $175,000 Budgeted fixed overhead costs $190,000 Standard machine hours per unit produced 10 Good units produced 18,000
Actual machine hours 200,000 Using the above information provided for Underfoot Products, compute the fixed overhead budget variance. A) $5,000 (F) B) $5,000 (U) C) $10,000 (F) D) $15,000 (F)
Each year, Aspen and the other sales managers meet with the director of sales to reevaluate the compensation plan for sales representatives
Last year they decided that the current compensation plan was tempting the sales representatives to compete too hard with each other and cross ethical lines. To maintain some healthy competition, provide employees with direct financial security, and encourage the sales representatives to act in the company spirit, a ________ compensation plan would be most appropriate. A) straight commission B) commission with a guaranteed salary C) fixed salary D) bonus with a straight commission E) straight salary
The Federal Reserve banks act as liaisons between the business community and the Federal Reserve System
Indicate whether the statement is true or false