Camille was standing in the checkout line at her neighborhood grocery last night when she saw a display of Hostess Twinkies
She remembered how much she had enjoyed Twinkies as a child, and she knew she just had to buy a package of Twinkies, even though it was not on her shopping list. For Camille, Twinkies are an example of a(n) ________.
A) unsought product
B) impulse product
C) staple
D) emergency product
E) MRO product
B
Business
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If a 32-unit apartment building shows an annual net income of $117,800, and the appropriate capitalization rate is 8%, what is the approximate value of the property:
A: $867,008; B: $942,400; C: $1,017,792; D: $1,472,500.
Business
When you invest in a CD that has a maturity of one year, you are guaranteed the interest rate offered on that CD. Your return would be
A) a risk premium. B) money in the bank. C) a risk-free return. D) liquid assets.
Business