In today's Wall Street Journal, you see the Greek drachma (GRD) quoted at $0.003635. Yesterday, it was quoted at $0.003521. The drachma ________ by ________

A) depreciated; 1.14%
B) appreciated; 3.05%
C) depreciated; 3.05%
D) appreciated; 3.24%
E) depreciated; 3.24%


D

Business

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Which of the following statements with regard to large stock dividends is true?

a. As a result of the stock dividend, retained earnings is reduced by the par value of the stock issued. b. Retained earnings is reduced by the market value of the stock issued in the stock dividend. c. If the market price of the stock before a 50% stock dividend is $30, after the stock dividend it will be $45. d. As the result of a 50% stock dividend, a stockholder who had previously held 20 shares will then hold 40 shares.

Business

The considerations for e-mail usernames are mostly the same as those for ______.

a. avatars b. domain names c. screen names d. online games

Business

The IRU Company manufactures traditional wooden pencils. They have determined their variable cost/unit to be $0.012/pencil. Fixed costs, however, are quite high because of old processing equipment and costly packaging

The fixed costs are estimated at $140,000/month. IRU sells their pencils at a price of $13.248/gross. (There are 144 pencils in a gross.) How many grosses of pencils must be sold annually to break even?

Business

A project manager learns that her project has an EV of 1200, AC of 1100 and PV of 1000. What can the project manager report regarding this project?

Fill in the blank(s) with the appropriate word(s).

Business