An appreciation in the value of the U.S. dollar against the British pound would tend to
a. discourage the British from buying American goods.
b. discourage Americans from buying British goods.
c. increase the number of dollars that could be bought with a pound.
d. discourage U.S. tourists from traveling to Britain.
a. discourage the British from buying American goods.
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Parfitt-Collins model is used to:
A) map customer needs to engineering characteristics of a product. B) uncover product shortcomings. C) forecast market share. D) determine how customers value different levels of product attributes.
Using the weighted average method, with W1 = 0.5, W2 = 0.3, and W3 = 0.2, compute the forecast for Week 5 with the following data.
A. 93
B. 96
C. 98
D. 100
On July 1, Shady Creek Resort borrowed $250,000 cash by signing a 10-year, 8% installment note requiring equal payments each June 30 of $37,258. What is the journal entry to record the first annual payment?
A. Debit Cash $250,000; debit Interest Expense $37,258; credit Notes Payable $287,258. B. Debit Interest Expense $20,000; credit Cash $20,000. C. Debit Interest Expense $20,000; debit Interest Payable $17,258; credit Cash $37,258. D. Debit Interest Expense $37,258; credit Cash $37,258. E. Debit Interest Expense $20,000; debit Notes Payable $17,258; credit Cash $37,258.
A ______ contract is desired when item specifications are clearly known and the supplier can estimate the production cost with reasonable accuracy.
a. buyback b. fixed-price c. quantity-flexibility d. cost-plus