Question 4 (multiple choice)

Thomas Peters purchased a new SUV for $32,984. He received a $2,175 rebate from the car dealer and a $500 rebate from the manufacturer. What is the final price?

A. $32,309

B. $31,309

C. $29,309

D. $30,309

Portfolio tests refer to Multiple Choice presenting a panel of consumers with an ad and asking for their reactions concerning the ad's effectiveness, appeal, etc.

Short term interest rates show the cost of borrowing money for how long?

A bond with semi-annual coupon payments has the following characteristics: Par value of $10,000; coupon rate of 10% (annual); maturity date 30 years; yield of 9%. What is the current price

During May, 10,000 packages of chicken sausages were produced, for which 52,000 pounds of meat and 15,000 machine hours were used.

Last month, a Vivian's Fabrication Department started 82,000 units into production. The department had no beginning work in process and 18,100 units of ending work in process that were 50% complete.

Sally and Alicia are equal general partners In a business. They are content with their current management and tax situation but are uncomfortable with their unlimited liability.

The philosophical leaders of the quality movement, Philip Crosby, W. Edwards Deming, and Joseph M. Juran, had the same general message about what it took to achieve outstanding quality. Which of the following was not part of that message? A.

Joe Keho and Mike McLain share income on a 6:4 basis. They have capital balances of $90,000 and $70,000, respectively, when Linda Ronstadt is admitted to the partnership.

Suppose an initial investment of $100 will return $50/year for three years (assume the $50 is received each year at the end of the year). Is this a profitable investment if the discount rate is 20%

Investment A for $100,000 is invested at a nominal rate of interest, j, convertible semiannually. After 4 years, it accumulates to 214,358.88. (b) Investment B for $100,000 is invested at a nominal rate of discount, k, convertible quarterly.