When the terms of sale include a sales discount, it usually is advisable for the buyer to pay within the discount period
Indicate whether the statement is true or false
True
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Answer the questions below. a.You are negotiating a book deal for your newest novel in which an economist single-handedly saves the world. The publisher offers to pay you an advance of $1 million today plus $500,000 at the end of each of the next three years. What is the present value of these payments, given the annual rate of discount is 5 percent? Show your work. b.You counter the publisher's offer with a counteroffer that will pay you $1.5 million today plus $5 per book sold in each of the next three years. You think you will sell 80,000 books each year in the next three years, but the publisher thinks you will only sell 40,000 books each year. Explain why both you and the publisher like this counteroffer better than the deal in part a. Show your work.
What will be an ideal response?
The purpose of a cover message is to? A) ?showcase an applicant's command of the English language
B) ?secure a job interview. C) ?introduce the résumé. D) ?repeat the information presented on the résumé.
Under the Electronic Signature in Global and National Commerce Act, electronic signatures can
be verified by the following methods except: A) By a secret password known by the signatory. B) By the use of a notary public to check digital identifying information. C) By the use of a device that electronically recognizes fingerprints or parts of the eye. D) By a digitally encoded smart card belonging to the signatory.
Which of the following is a drawback of pursuing a transnational strategy?
A. It exposes a firm to diseconomies of scale and location. B. It involves locating all key business activities in the home country headquarters. C. It creates bottlenecks for global learning. D. It requires a global matrix structure, which is difficult to implement.