You have just landed in Paris with $750 in your wallet. At the foreign exchange booth, you see that euros are being quoted at $1.34/€. How many euros can you exchange for your $750?
A) 1,005 euros
B) 559.70 euros
C) 750.00 euros
D) 179.56 euros
Answer: B
Business
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The center-of-gravity method is used primarily to determine what type of locations?
A) service locations B) manufacturing locations C) distribution center locations D) supplier locations E) call center locations
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The earning power of a company can be defined as the product of two factors:
A) net profit margin and total asset turnover. B) net profit margin and fixed asset turnover. C) total asset turnover and earnings per share. D) fixed asset turnover and cash flow per share.
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