When a payee wants to get cash immediately for a draft he can sell it to another party, but interest must be paid. This is called:
a. reducing the draft b. financing the draft
c. discounting the draft d. selling the draft
e. cashing the draft
c
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The Walt Disney Company's decision to build a theme park in France provides an excellent vehicle to understanding SRC (Self-Reference Criterion). All of the statements listed below portray this meaning except:
A) Disney executives believed there is virtually unlimited demand for American cultural exports. B) French are sensitive about American cultural imperialism. C) Consuming wine with the midday meal is a long-established custom which was not realized by Disney executives. D) Disney executives were blinded by their prior success and ethnocentrism. E) The SRC can be a powerful negative force in global business.
Which of the following is the single most important driver of globalization?
A) national regulation B) information technology C) domestic focus D) market difference
One form of probability sampling is known as ________ sampling, in which the population is divided into subgroups, each of which may represent the entire population
A) simple random B) systematic C) cluster D) stratified E) convenient skip
Turcotte Corp reported the following revenues and net income amounts
2017 2016 2015 2014 2013 Revenue $728 $675 $500 $485 $452 Cost of goods sold 650 602 456 403 398 Calculate Turcotte's trend analysis for revenues and cost of goods sold. Use 2013 as the base year, and round to the nearest percent. What will be an ideal response