In the interbank market for foreign exchange, the ____ refers to the difference between the offer rate and the bid rate.
a. cross rate
b. option
c. arbitrage
d. spread
d. spread
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Blogs can provide a small business with a relatively inexpensive way to communicate with customers
Indicate whether the statement is true or false
Benchmarking allows a company to
a. identify its strengths and weaknesses. b. imitate those ideas that are readily transferable. c. improve on methods in use by others. d. all of the above.
Department S had no work in process at the beginning of the period. 12,000 units of direct materials were added during the period at a cost of $84,000, 9,000 units were completed during the period, and 3,000 units were 30% completed as to labor and overhead at the end of the period. All materials are added at the beginning of the process. Direct labor was $49,500 and factory overhead was $9,900
The total conversion costs for the period were: A) $59,400 B) $49,500 C) $143,400 D) $9,900
The absolute lowest price that a buyer would be willing to pay is called the 'point of indifference' in the negotiation process.
Answer the following statement true (T) or false (F)