The 1 year interest rate in the U.S. is 1%. The spot exchange rate for Canadian dollars 1.007 to the U.S.dollar. The 6 months forward rate is 1.0068 to the U.S. dollar. These prices indicate that interest rates in Canada, on an annualized basis, are about

Sam and his assistant Kim recently sat down to collectively set tangible performance goals for her. This is a key aspect of MBO.

a. true b. false

You own a small independent retail store in your neighborhood. You want to offer fresh seafood, milk, and bread in your store. In this case, which of the following types of wholesalers will serve you the best?

A) truck jobber B) independent distributor C) drop shipper D) mail-order wholesaler E) manufacturers' agent