An advantage of transportation by trucks is that ______.
a. they can be used with intermodal transportation
b. they can travel over water
c. they can carry more goods per dollar of fuel costs
d. they are not regulated by government
a. they can be used with intermodal transportation
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Bravo Corporation recently issued 270-day commercial paper with a face value of $2,000,000 and a simple interest rate of 11 percent. The company paid a transaction fee equal to 0.4 percent of the issue, which was taken out of the issue amount before the company received any funds. Assuming there are 360 days in a year, what is the commercial paper's effective annual rate (rEAR)?
A. 17.51% B. 11.99% C. 12.56% D. 12.63% E. 12.82%
The Price area of the marketing mix
A. refers to any paid form of nonpersonal presentation of ideas, goods, or services by an identified sponsor. B. does not involve estimating consumer reaction to possible prices. C. requires consideration of the cost of the marketing mix and the competition facing the firm when setting prices. D. does not include the consideration of geographic terms in price setting. E. None of these answers is correct.
Revenue expenditures:
A) Are additional costs of plant assets that do not materially increase the asset's life or its productive capabilities. B) Are known as balance sheet expenditures because they relate to plant assets. C) Extend the asset's useful life. D) Substantially benefit future periods. E) Are debited to asset accounts when incurred.
Solutions (Scenario)Metro Holdings, Inc., operates department stores in the United States. The company is looking for more effective ways to manage its value chain. Randy is the strategic manager for Metro holdings. Randy is in charge of the value chain design and management at Metro holdings.Before altering the value chain Randy needs to prepare a value chain strategy. Which of the following is a major requirement of a successful value chain strategy?
A. formal procedures and sanctions for operations B. a vertical organizational structure of decision making C. low dependence on technology and the Internet D. collaborative relationships among employees