Low ________ for homogeneous commodities, such as oil, lets traders take advantage of price differences that may emerge
A) Exchange rates
B) Arbitrage
C) PPP
D) Transportation costs
D
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Identifiable intangible assets are accounted for in a similar manner to that of tangible assets
Indicate whether the statement is true or false
When determining the format for a message, a direct approach would work best under which conditions?
A) The audience will likely comply. B) The audience might be upset with the news. C) The audience has little time to read an explanation before reading the news. D) The audience will probably not agree with the news. E) The audience has little understanding of the reason for writing.
If a project's IRR is greater than the cost of capital, the project should be rejected
Indicate whether the statement is true or false
The following costs are relevant to the decision situation cited except:
A. the remodeling cost of existing office space, in a firm's decision to stay at its current location or move to a new building. B. the commissions that could be earned by a salesperson, in a decision that involves salesperson compensation methods (i.e., commissions or flat monthly salaries). C. the cost to enhance an airline's Web site, in a decision to expand existing service to either Salt Lake City or Phoenix. D. the long-term salary costs demanded by Joe Torrez (a superstar) and Rip Moran (an average player) in baseball contract negotiations, in a decision that determines the amounts by which ticket prices must be raised. E. the cost of hiring a full-time staff attorney, in a decision to establish an in-house legal department or retain the services of a prominent law firm.