The price of a Big Mac in the U.S. is $3.41 and the price in Mexico is Peso 29.0. What is the implied PPP of the Peso per dollar?
A) Peso 8.50/$1
B) Peso 10.8/$1
C) Peso 11.76/$1
D) None of the above
Answer: A
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Suffolk Corporation issued $100,000 of 20-year, 6 percent bonds at 98 on one of its semi-annual interest dates. The straight-line method of amortization is to be used. The entry to record the bond interest expense on the next interest payment date is:
a. Bond Interest Expense 3,050 Unamortized Bond Discount 50 Cash 3,000 b. Bond Interest Expense 6,000 Unamortized Bond Discount 500 Cash 5500 c. Cash 6,050 Unamortized Bond Discount 6,050 d. Bond Interest Expense 3,000 Cash 3,000
Which of the following terms refers to customers who make repeat purchases and tell others about their positive experiences with a product or service?
A) barnacles B) customer evangelists C) butterflies D) surrogate customers E) market mavens
Which of the following is a performance management rating system in which all employees in the work group are assessed relative to one another?
A. graphic rating scale B. behaviorally anchored rating scale C. forced-ranking scale D. global rating scale
In Vroom’s decision tree approach, there are five basic decision styles that correspond to five levels of subordinate participation in decision making.
Answer the following statement true (T) or false (F)