Credit terms of 1/10 net 30 means that the buyer may take a 10% discount (1/10)if the bill in paid
within 30 days.
Indicate whether the statement is true or false
FALSE
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Which of the following is true of the median?
A. It is the value that appears in a distribution most often. B. If the number of data observations is even, the median is generally considered to be the average of the first and last values. C. It cannot be determined for data that are skewed to either the right or left. D. It is especially useful as a measure of central tendency for ordinal data. E. It is the distance between the smallest and largest values in a set of responses.
A specific tariff is:
a. applied only to exports b. set as a percentage of the product price of an imported good c. applied only to products produced in countries that are not members of the WTO d. applied only to goods, not services e. none of the other choices
Which one of these is an advantage of a general partnership.
What will be an ideal response?
The nation of Rhodasia has the lowest entrepreneurship rate globally. A new government headed by Prime Minister Arnold Wenger aims to make the country's business environment more supportive toward burgeoning entrepreneurs. Which of the following measures should be taken to increase the entrepreneurship rate in Rhodasia?
A) ?Increasing unemployment insurance available to employees B) ?Eliminating complex regulations placed on businesses C) ?Mandating that all businesses must provide employee healthcare D) ?Initiating employment protection laws