Mary will receive $12,000 per year for the next 10 years as royalty for her work on a finance book. What is the present value of her royalty income if the opportunity cost is 12 percent?
A) $120,000
B) $ 67,800
C) $ 38,640
D) $ 72,560
B
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Tony contracted to buy wheat from Brown, a farmer. It was contracted that Tony would pay Brown three days after the delivery of the wheat. Brown's delivery would be a(n) ________ of Tony's duty to pay.
A. constructive condition precedent B. implied concurrent condition C. constructive concurrent condition D. condition subsequent
"How does this problem affect your people's productivity?" is an example of a(n) ________ question
A) situation B) implication C) problem D) need-payoff E) challenge
A merchandiser, provides the following information for its December budgeting process:The November 30 inventory was 1,800 units.Budgeted sales for December are 4,000 units.Desired December 31 inventory is 2,840 units.Budgeted purchases are:
A. 1,240 units. B. 5,800 units. C. 4,000 units. D. 5,040 units. E. 6,840 units.
Tips for using criticism constructively includes all of the following EXCEPT
A. considering whether it is really necessary. B. not exaggerating. C. watching one's timing. D. using the "sandwich technique."