Wilma's new necklace breaks the day after she purchases it. She tries to get it fixed or replaced and feels that she has been given the runaround by both the retailer and the manufacturer of the necklace. She is treated rudely and finally told she will have to drive two hours to a company-approved repair center to have the necklace fixed. Wilma is certain that her consumer right to ____ has been ignored by both companies.
A. be heard
B. safety
C. be informed
D. service
E. consumer education
Answer: D
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Global Trading Company. converts its foreign subsidiary financial statements using the translation process. The company's Swiss subsidiary reported the following for 2014: revenues and expenses of 13,220,000 and 6,672,000 Swiss francs, respectively, earned or incurred evenly throughout the year, dividends of 2,000,000 Swiss francs were paid during the year. The following exchange rates are
available: On January 1 . 2014 .................................... $.175 On December 31 . 2014 .................................. .188 Average rate for 2014 ................................. .178 Rate when dividends were declared and paid ............ .196 Translated net income for 2014 is a. $891,408. b. $809,544. c. $1,283,408. d. $1,165,544.
You read in The Wall Street Journal that 30-day T-bills are currently yielding 8 percent. Your brother-in-law, a broker at Kyoto Securities, has given you the following estimates of current interest rate premiums:? ? Inflation premium 5% Liquidity premium 1% Maturity risk premium 2% Default risk premium 2% Based on these data, the real risk-free rate of return is: ?
A. ?0%. B. ?1%. C. ?2%. D. ?3%. E. ?4%.
Given an EOQ model with shortages in which annual demand is 4200 units, Co = $160, Cc = $7 per unit per year and CS = $25, what is the total annual shortage cost?
What will be an ideal response?
Which of the following statements is (are) true with regard to using interest-adjusted cost data when shopping for life insurance?
I. Cost indexes apply to new policies and should not be used to determine whether to replace a policy. II. Cost indexes should only be used to compare similar plans of insurance. A) I only B) II only C) both I and II D) neither I nor II