Suppose you are earning 3% interest on your savings account, and the inflation rate is 5%. In this case, you are

A. beating inflation.
B. breaking even.
C. gaining buying power.
D. losing money.


Answer: D

Business

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In the chasm model, the first small crack appears between the early majority and the late majority

Indicate whether the statement is true or false

Business

What can a job candidate do to steer the discussion to areas that allow them to present qualifications to the best advantage?

A) Ask insightful and thoughtful questions B) Prepare a list of information and look for ways to present it when answering questions C) Begin the interview by explaining to the interviewer why you are right for the position D) Provide supplemental material to better explain your qualifications E) Limit your questions of the interviewer, showing that you have thoroughly researched the organization and are well prepared c

Business

On September 1 . 2014, Clownfish Corporation declared and issued a 1 . percent common stock dividend. Prior to this date, Clownfish had 25,000 shares of $2 par value common stock that were both issued and outstanding. The market value of Clownfish' stock was $20 per share at the time the dividend was issued. As a result of this stock dividend, Clownfish' total stockholders' equity

a. decreased by $37,5000. b. decreased by $375,000. c. increased by $375,000. d. did not change.

Business

A buyer of $7,000 in merchandise inventory failed to take advantage of the vendor's credit terms of 2/15, n/45, and instead paid the invoice in full at the end of 45 days. By not taking advantage of the cash discount, the buyer lost the discount of:

A. $1,050. B. $140. C. $100. D. $700. E. $70.

Business