Consider a perpetuity making one payment each year that has a present value of $1,500. If the annual rate of discount is 3 percent, the annual payment is

A. $15.00.
B. $45.00.
C. $500.00.
D. $1,500.00.


Answer: B

Business

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Anita is very dissatisfied with her job situation, but she does not perceive any other employment opportunities, so she stays and spends most of the workday dreaming about non-work matters. What is Anita experiencing?

A. whistle-blowing B. role overload C. psychological job withdrawal D. physical withdrawal E. benchmarking

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An example of a control over the sales cycle is the authorization of price lists by the appropriate sales and marketing manager

a. True b. False Indicate whether the statement is true or false

Business

Which of the following statements is true of sexual orientation discrimination?

A. It is not prohibited by any federal law. B. It is prohibited by the Defense of Marriage Act of 1996. C. The Fair Labor Standards Act prohibits this discrimination in both public- and private-sector jobs. D. Federal employees are not protected against this discrimination.

Business

Which of the following is characterized by high supply risks and the potential for impacting a firm’s profitability?

a. bottleneck purchases b. strategic purchases c. noncritical purchases d. leveraged purchases

Business