If a term loan requires equal annual payments that pay the interest and retire the principal, that is similar to

A. lease payments.
B. mortgage payments.
C. dividend payments.
D. compensating balances.


Answer: B

Business

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The recording of behavioral patterns of people, objects, and events in a systematic manner to obtain information about the phenomenon of interest is called ________

A) projection B) observation C) description D) exploration E) micro-pattern research

Business

Indra Nooyi is CEO of PepsiCo, a diversified consumer products company. What does a competitive strength score above 5 tell her about PepsiCo's position in the market?

A. that PepsiCo will not likely perform well over the next five years B. that PepsiCo's business units are all fairly strong market contenders in their respective industries C. that PepsiCo's competitive strength score is meaningless unless it is comparable to Coca-Cola's competitive strength score D. that PepsiCo's units are all fairly weak market contenders in their respective industries E. that PepsiCo's rivals will likely prevail in the race to achieve sustainable competitive advantage

Business

Research reviews of the record-of-change efforts conclude that ________ approaches have better success than ________ ones.

A. single-method; multimethod B. limited; system wide C. ethnocentric; geocentric D. multimethod; single-method

Business

Use the following information to calculate net sales: Gross Sales, $350,000; Sales Returns and Allowances, $22,800; Sales Discounts, $45,700; Merchandise Inventory, January 1, 2012, $77,100; Merchandise Inventory, December 31, 2012, $62,900; Net Purchases, $99,200; Freight In, $1,700; Salaries, $71,800; Rent, $26,600; Utilities, $1,225; Insurance, $3,195; and Income Tax, $15,900

Business