Predatory pricing is the practice of setting prices below cost for the purpose of eliminating unsold merchandise
Indicate whether the statement is true or false
false
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When evaluating the days' sales uncollected ratio, generally the higher the receivables balance, the better the ratio.
Answer the following statement true (T) or false (F)
A company's warehouse contents were destroyed by a flood on September 12. The following information was the only information that was salvaged: 1. Inventory, beginning: $28,700 2. Purchases for the period: $17,700 3. Sales for the period: $55,700 4. Sales returns for the period: $770 The company's average gross profit ratio is 33%. What is the estimated cost of the lost inventory?
A. $31,088.00. B. $28,273.10. C. $46,400.00. D. $9596.90. E. $45,400.00.
Your roommate excitedly tells you that she has decide to become an entrepreneur. Her primary reason, she says, is that entrepreneurship is a perfect match for her because she is a gambler by nature. Unfortunately, your roommate has described one of the myths of entrepreneurship. In fact, entrepreneurs are not gamblers. They take careful, calculated ________ and are not afraid to act on their ________.
A. measurements, results B. risks, decisions C. positions; facts D. measurements; decisions E. risks; hunches
A portfolio consists of three bonds as follows. What is the duration of the bond portfolio?
A) 7.12 years B) 8.07 years C) 8.69 years D) 11.4 years