Personal gifts, such as jewelry or perfume, are appropriate only for business clients, not for colleagues

What is the macroenvironment

What will be an ideal response?

You bought a racehorse that has had a winning streak for six years, bringing in $250,000 at the end of each year before dying of a heart attack. If you paid $1,155,720 for the horse 4 years ago, what was your annual return over this 4-year period?

A) 8% B) 33% C) 12% D) 18%