The growth stage of a product's life cycle is a period of rapid market acceptance and substantial profit improvement
Indicate whether the statement is true or false
TRUE
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To adopt a contract means to form a new contract with different parties.?
Indicate whether the statement is true or false
Winston Corp., a U.S. company, had the following foreign currency transactions during 2018:(1.) Purchased merchandise from a foreign supplier on July 16, 2018 for the U.S. dollar equivalent of $47,000 and paid the invoice on August 3, 2018 at the U.S. dollar equivalent of $54,000.(2.) On October 15, 2018 borrowed the U.S. dollar equivalent of $315,000 evidenced by a non-interest-bearing note payable in euros on October 15, 2019. The U.S. dollar equivalent of the note amount was $295,000 on December 31, 2018, and $299,000 on October 15, 2019.What amount should be included as a foreign exchange gain or loss from the two transactions for 2018?
A. $13,000 gain. B. $11,000 loss. C. $9,000 loss. D. $14,000 gain. E. $9,000 gain.
Proposal preparation is completed by
a. a single person when proposing a multimillion-dollar project. b. a large team for a simple project. c. a proposal manager regardless of the project size. d. one or more people depending upon the requirements of the proposal.
You believe that the spread between the September S&P 500 future and the S&P 500 Index is too large and will soon correct. To take advantage of this mispricing, a hedge fund should ______________.
A. buy all the stocks in the S&P 500 and write put options on the S&P 500 Index B. sell all the stocks in the S&P 500 and buy call options on the S&P 500 Index C. sell S&P 500 Index futures and buy all the stocks in the S&P 500 D. sell short all the stocks in the S&P 500 and buy S&P 500 Index futures