Which of the following would be considered a variable expense?
A. Interest
B. Rent
C. Raw materials
D. Insurance
Answer: C
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Newspaper advertisers can sometimes receive ________, a discount applied retroactively as the volume of advertising increases through the year.
A. space discounts B. acquisition fees C. ad overruns D. earned rates E. short rates
What is empathy?
What will be an ideal response?
________ are typically older and less educated than other types of adopters, tend to be tied to tradition, and are not easily motivated by promotional strategies.
Fill in the blank(s) with the appropriate word(s).
A firm has annual operating outlays of $1,800,000 and a cash conversion cycle of 60 days. If the firm currently pays 12 percent for financing and reduces its cash conversion cycle to 50 days, the annual savings is ________. (Assume a 365-day year.)
A) $4,652.19 B) $3,065.86 C) $5,917.81 D) $2,160.23