?What is the cost (in percentages) of the following terms of trade credit (a) 2/20, n40, (b) 1/5, n30, and (c) n30?
What will be an ideal response?
?Cost of trade credit (non-compound):? a. iTC = .02/(1 - .02) x 360/(40-20) = 36.7%? b. iTC = .01/(1 - .01) x 360/(30-5) = 14.5%? c. iTC = .00/(1 - .00) x 360/(30) = 0.0%
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A budget performance report compares actual results with the budgeted amounts and reports differences for possible investigation
Indicate whether the statement is true or false
________ groups are used to identify customer needs.
What will be an ideal response?
From the graph given below, identify the fixed costs line
A) OB B) AC C) AD D) AE
A manager has been given the table shown below and is asked to generate random numbers. Which of the following statements is TRUE?
Range # Customers 00-49 0 50-79 1 80-99 2 A) There are no customers in the store 49 percent of the time. B) The probability of having one customer in the store is 0.30. C) The relative frequency of having two customers in the store is 0.80. D) If we randomly choose the numbers 0 through 99 enough times, about 99 percent of the time we will have two customers in the store.