Commercial centers for foreign exchange exist only in New York and London in order to make it
possible for arbitrage to work.
Indicate whether the statement is true or false
FALSE
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Xavier and Yolanda have original investments of $50,000 and $100,000, respectively, in a partnership. The articles of partnership include the following provisions regarding the division of net income: interest on original investment at 10; salary allowances of $38,000 and $28,000, respectively; and the remainder to be divided equally. How much of the net income of $77,000 is allocated to Xavier?
a. $66,000 b. $41,000 c. $36,000 d. $43,000
Which of the following is most likely an example of a business promotion tool?
A) a free DVD for customers who purchase a new television at a retail store B) a trade fair showcasing a new audio system developed by an electronics firm C) a sweepstakes program inviting customers to enter for the chance to win a new car D) a toaster being sold at half its list price for any buyer who purchases a food processor E) a display allowance for retailers who feature a manufacturer's product in a favorable manner
Discount retailers such as Walmart do not sell private-label brands
Indicate whether the statement is true or false
An analytical report:?
A) ?is designed to solve a specific problem or answer research questions. B) ?is the section of a report that introduces the research questions. C) ?is a written description that orients a reader to a problem. D) ?is constructed to include materials that are not appropriate to be included in the report itself.