Which term refers to the difference between the value of a country's exports and the value of its imports over a given period?
A. Balance of trade
B. Balance of payment
C. Gross domestic product
D. Gross national product
Answer: A
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Which retail institutions do not require advertising support from suppliers?
a. off-price chains and membership clubs b. department stores and variety stores c. superstores and traditional department stores d. variety stores and membership clubs
Another name for a complaint message is a claim message
Indicate whether the statement is true or false
It is always clear what is ethical in a given situation
Indicate whether the statement is true or false
Fool Proof Software is considering a new project whose data are shown below. The equipment that would be used has a 3-year tax life, and the allowed depreciation rates for such property are 33%, 45%, 15%, and 7% for Years 1 through 4. Revenues and other operating costs are expected to be constant over the project's 10-year expected life. What is the Year 1 cash flow? Equipment cost (depreciable basis)$48,000 Sales revenues, each year$60,000 Operating costs (excl. depr.)$25,000 Tax rate35.0% ?
A. $29,426 B. $33,387 C. $28,294 D. $28,860 E. $29,709