Assume that Montana Mining, Inc. borrows $5,000,000 for 120 days. The total interest paid is

$150,000. What is the APY, or Effective Annual Rate of interest that Billings pays?

A) 9.00% B) 9.27% C) 9.77% D) 3.00%


B

Business

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Lexus developed new diesel models as well as a gas-hybrid engine because Germans want the option of buying vehicles with diesel engines

Indicate whether the statement is true or false

Business

The need for leadership skills has increased in the modern organization because

A) many more permanent leadership positions have been created. B) more people are required to exercise leadership at least part of the time. C) many entry-level workers now have "leader" in their title. D) companies have de-emphasized the importance of groups and teams.

Business

Directors have the authority to manage the corporate business

a. True b. False Indicate whether the statement is true or false

Business

As her Internet quilt and bed linen business grew, Hollie could no longer perform all the distribution activities, so she hired a shipper and an information technology firm to assist with these functions. Hollie is using ____ for physical distribution for her business.

A. producers B. wholesalers C. retailers D. selling agents E. outsourcing

Business