Refer to Table 11.4. On Wednesday, the 30-day forward franc was selling at a





a. 1 percent premium per annum against the dollar.

b. 2 percent premium per annum against the dollar.

c. 1 percent discount per annum against the dollar.

d. 2 percent discount per annum against the dollar.


c. 1 percent discount per annum against the dollar.

Business

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Highlighting a benefit to the reader should be done in the? _________ of the message.

A. opening B. salutation C. post script D. close E. body

Business

Deacon Corporation has provided the following financial data from its balance sheet and income statement: Year 2Year 1Total assets$1,289,500? $1,265,200? Total liabilities$556,000? $461,200? Total stockholders' equity$733,500? $804,000? Net operating income (income before interest and taxes)$69,224?    Interest expense$28,000?    The company's debt-to-equity ratio at the end of Year 2 is closest to:

A. 0.62 B. 0.76 C. 0.43 D. 0.40

Business

Scenario 13.1 Use the following to answer the questions.   Kelly Rose, Inc. markets several different brands, under its own Kelly Rose name label, as well as others. Its primary brands, such as Kelly Rose, Kelly & Ko, and KRC, are sold to wholesalers. These brands are then available through retail department stores such as Kohl's and Macy's. The wholesale-based brands division is positioned as customer-focused and cost-efficient. Its premium brands division includes labels such as Saffie Campbell, Martyn Curry, and Costura Moderno. These premium brands are sold through stores that the Kelly Rose company owns. Refer to Scenario 13.1. Kelly Rose, Inc. uses which type of channel of distribution for its premium brands?

A. A short, direct channel B. A long, direct channel C. Multichannel distribution D. Horizontal integration E. Intensive distribution

Business

________ compile legal information including laws particularly applicable to certain types of businesses in various jurisdictions and proposals for changing the laws that affect your industry.

A. Magazines B. News channels C. Trade associations D. Academic journals

Business