The markup rate of a music CD is 32% based on cost. If the markup amount on a CD is $6.35, what is the cost of the CD?


$19.84;

Business

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Entries in a special journal for revenues are posted in the

A) accounts receivable subsidiary ledger B) accounts payable subsidiary ledger C) fixed asset subsidiary ledger D) cash subsidiary ledger

Business

Which of the following statements is true of global diversity?

A. Americans are more long-term oriented than the Chinese. B. The Japanese and Chinese place a high priority on human relations and teamwork. C. In the United States and some other countries, it is legal to take and give bribes for doing business. D. Employee health and safety laws are generally more protective in Third World countries than in developed countries.

Business

Kayla deposits $1,500 into a NOW account that requires a minimum balance of $500 and offers an interest rate of 2.4%. How much interest will she earn in one year in the NOW account?

A) $360 B) $24 C) $12 D) $36

Business

________ takes place when a firm contracts custom software development or maintenance of existing legacy programs to outside firms

A) Cloud computing B) Utility computing C) On-demand computing D) Outsourcing E) Consumerization of IT

Business