The key factor attracting both depositors and borrowers to the Eurocurrency loan market is the narrow interest rate spread within that market

Indicate whether the statement is true or false.


Answer: TRUE

Business

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Angelina is a shift supervisor for a successful supermarket chain, directing the work of as many as eight other cashiers. She is a(n)   

A. directional manager. B. middle manager. C. first-line manager. D. general manager. E. area manager.

Business

The net income for a company was $60,000 last year and is $45,000 this year. The percent of increase or decrease is

a. 400%; b. 300%; c. 75%; d. 33.33%; e. 25%.

Business

Which of the following is true about generic brands?

A) They are more popular today than ever before. B) They were first developed during the last period of economic prosperity in the United States. C) They were designed to appeal to the price-conscious consumer. D) They attract approximately 25 percent of all dollars spent in U.S. supermarkets. E) They are manufacturer brands.

Business

Croft Corporation produces a single product. Last year, the company had a net operating income of $160,000 using absorption costing and $149,000 using variable costing. The fixed manufacturing overhead cost was $10 per unit. There were no beginning inventories. If 43,000 units were produced last year, then sales last year were:

A. 40,000 units B. 41,900 units C. 54,000 units D. 32,000 units

Business