Narrative 11-1 Solve the following problems using either Tables 11-1 or 11-2 from your text. When necessary, create new table factors. (Round new table factors to five decimal places, round dollars to the nearest cent and percents to the nearest hundredth of a percent) Refer to Narrative 11-1. Leonora wants to have $18,000 in 1 year. Calculate how much she should invest now at 10% interest,
compounded semiannually in order to reach this goal.
A) $14,700.00
B) $15,725.00
C) $16,326.54
D) $17,800.20
C
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Samuel and Darci are partners. The partnership capital for Samuel is $50,000 and for Darci is $60,000 . Josh is admitted as a new partner by investing $50,000 cash. Josh is given a 20% interest in return for his investment. The amount of the bonus to the old partners is
a. $0 b. $18,000 c. $8,000 d. $10,000
Answer the following statements true (T) or false (F)
1.Although an import tariff provides the domestic government additional tax revenue, it benefits domestic consumers at the expense of domestic producers. 2.An import tariff reduces the welfare of a "small" country by an amount equal to the redistribution effect plus the revenue effect. 3.The deadweight losses of an import tariff consist of the protection effect plus the consumption effect. 4.The redistribution effect is the transfer of producer surplus to domestic consumers of the import-competing product. 5.If a country accounts for a negligible portion of international trade in a particular product, its levying an import tariff on that product necessarily increases its overall welfare.
Which of the following is one of the support activities proposed by Michael Porter as part of the
chain of activities that are used to create products and services and deliver them to market? A) outbound logistics B) inbound logistics C) service D) infrastructure
Which of the following is a feature of social media and digital marketing techniques?
A) They employ a one -to-many model of conversation. B) They provide tools to rate or air opinions about their products. C) The content on these websites is created by a central authority and others are expected to come to the websites to read about it. D) They allow no convenient means of engaging in a conversation about any topic.