Which is true of doing business in Belgium?
A) Speaking Dutch will help you in the Flanders area.
B) Speaking French will help you north of Brussels.
C) One selling strategy will work for the entire country.
D) Dutch is spoken in the Wallonia area in the south of the country.
E) Belgians prefer to communicate in business English.
A
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An investment of $100 generates after-tax cash flows of $40 in Year 1, $80 in Year 2, and $120 in Year 3. The required rate of return is 20%. The net present value is closest to:
a. $42.22. b. $58.33. c. $68.52.
Which of the following is NOT true of the range?
A) It identifies the distance between the lowest value and the highest value in a set of numbers. B) It identifies the maximum and the minimum in a set of numbers, and you can do a quick mental calculation to see how many units are in between. C) The range tells you how often the maximum and minimum occurred. D) It provides some information on the variability by indicating how far apart the extremes are found. E) If you find that the range is very narrow, you know that the average is typical of many respondents.