One of the assumptions of the needs hierarchy theory is that people's needs are arranged in order of importance, going from basic needs to more complex needs.

Answer the following statement true (T) or false (F)


True

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An equation that relates the interest rate to the output gap and the inflation rate is

A. the Phillips relation. B. the Sharpe ratio. C. Okun's law. D. the Taylor rule.

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Supporting your view with objective facts is part of being an ethical communicator

Indicate whether the statement is true or false

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On the maturity date, _____.

A. the maturity value of the debt is to be repaid B. the first installment of the installment loan is due C. the interest payment is due D. the market interest rate rises above the coupon rate E. the market price of the bond rises above the face value of the debt

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Data on Mertz Co. for the most recent year are shown below, along with the payables deferral period (PDP) for the firms against which it benchmarks. The firm's new CFO believes that the company could delay payments enough to increase its PDP to the benchmarks' average. If this were done, by how much would payables increase? Use a 365-day year. Cost of goods sold =$75,000 Payables =$5,000 Payables deferral period (PDP) =24.33 Benchmark payables deferral period =30.00

A. $764 B. $849 C. $943 D. $1,048 E. $1,164

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