You are a U.S. businessperson who has just completed a successful agreement with a Japanese client. As a gesture of friendship, you pat the back of your Japanese client. How is he likely to react?
a. Move in closer and "invade" your personal space.
b. Stiffen his body, as he considers such touching improper.
c. Smile, looking directly into your eyes.
d. Take both your hands in a warm handshake.
B
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When fixed costs are $46,500, the variable cost is $12 per unit, and the product sells for $22 per unit, the breakeven point is
a. 4,650 units. b. 9,300 units. c. 2,325 units. d. 6,975 units.
A bondholder that owns a $1,000, 10%, 10-year bond has:
A. The right to receive dividends of $1,000 per year. B. The right to receive $1,000 at maturity. C. Ownership rights in the issuing company. D. The right to receive $10,000 at maturity. E. The right to receive $10 semiannually until maturity.
Cushman Company had $800,000 in net sales, $350,000 in gross profit, and $200,000 in operating expenses. Cost of goods sold equals:
A. $800,000. B. $150,000. C. $350,000. D. $450,000. E. $200,000.
It is generally suggested that the sample size in developing a multiple regression model should be at least four times the number of independent variables
Indicate whether the statement is true or false