The procedure used to compute the present value of a series of cash flows is known as:
A. indexing.
B. the present-cost approach.
C. the annuity method.
D. discounting.
E. compounding.
Answer: D
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A written statement of standards that a company pledges to follow in its business practices is known as a _______________________________.
Fill in the blank(s) with the appropriate word(s).
Caroline owns an online jewelry store. She has developed a smartphone application for her business that allows her customers to take their pictures and try out virtual jewelry over those pictures before placing the orders. The opportunity of _____ is highlighted in the given scenario.
A. providing personal customer service B. having lower overhead costs C. using technology D. exploiting market niches
Identify the following relationships and parties. a. Patricia hires Andrew, an attorney, to negotiate a contract to purchase some property. She agrees to pay him $75 an hour for his services, and he agrees to use his own office and secretarial staff to
negotiate and draft the agreement. b. Mel owns a retail store. He hires Sarah to work for him as a salesclerk in the home furnishings department. c. Carl is the general contractor for the construction of a large office complex. Carl hires Ed's Electric Company to do all of the wiring for the building. d. Invox Corporation hires Gary as an outside salesman and instructs him to call on customers in a specified territory and to solicit orders for their products. e. Marlin, who is the owner of Marlin's Department Store, hires Melissa as the general manager of his new branch in the Hillridge Mall.
Where ________ appears in text, it comes in two flavors: explicit, where the subjective sentence directly expresses an opinion, and implicit, where the text implies an opinion
Fill in the blanks with correct word