Air Atlantic (AA) has been offered a 3-year-old jet airliner under a 12-year lease arrangement. The lease requires AA to make annual lease payments of $500,000 at the beginning of each of the next 12 years. Determine the present value of the lease payments if the opportunity cost of funds is 14 percent
A) $2,830,000
B) $13,635,500
C) $6,000,000
D) $3,226,200
D
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Cost-based inventory valuation systems are most useful to retailers with _____
a. low pilferage/shrinkage b. rapidly rising inventory valuations c. low inventory turnover d. high markdown levels
Most preferred stocks
A) have redemption dates of 10 years, or less. B) have $1,000 redemption values. C) have redemption dates of 10 years or less and $1,000 redemption values. D) are issued in perpetuity.
Unsolicited commercial e-mail (UCE) or unsolicited bulk e-mail (UBE) messages A) are commonly known as "cookies." B) constitute about 90 percent of all e-mail
C) are estimated to be fraudulent either in content or packaging in approximately one-fourth of all cases. D) although annoying, do lower the cost of connecting to the Internet.
You are responsible for sales promotion for Replenishmints, long-lasting breath mints that contain a blend of vitamins and other nutrients specifically formulated for smokers and for people exposed to tobacco in their environment. You need to introduce the mints to supermarket managers and owners, attract and identify new store contacts, and test market the response to Replenishmints. Which type of trade promotion will help you reach your objectives in the most cost effective way?
A. trade shows B. trade allowances and direct incentives C. push money D. contests and sweepstakes E. direct sampling and store demonstrations