Why is it difficult to determine the market price of a private corporation's shares at any point in time?
A) It is difficult to obtain enough information to accurately value such a company.
B) The price of its shares is fixed by the owners.
C) It has a limited number of owners.
D) There is no organized market for its shares.
Answer: D
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Which of the following, according to experienced exporters, is the only way to select a middleman?
A. conduct a background check on all the distributors available in the target market B. consult other manufacturers of similar products and select the distributor recommended by them C.issue a request-for-proposal to all distributors in the target market and evaluate their responses D. talk personally to ultimate consumers to find whom they consider to be the best distributors E. consult trade organizations and select the distributor recommended by them
Pancho's Convenience Mart buys Coca-Cola in 2 liter plastic bottles for $1.00. They use a 50% markup and sell the bottles for
A) $3.00 B) $2.00 C) $1.50 D) $1.25 E) $.50