Multimedia messaging service (MMS) is the emerging generation of wireless messaging, delivering rich media, including video and audio, to mobile phones and other devices

Which of the following is not a major advantage of having a large inventory for a retailer?

a. quantity discounts in purchases b. lower risk of obsolescence and deterioration c. lower frequency of stockouts d. low per-item shipping costs

You want to invest in a stock that pays $5.00 annual cash dividends for the next four years. At the end of the four years, you will sell the stock for $20.00. If you want to earn 12% on this investment, what is a fair price for this stock if you buy it to

A) $40.00 B) $43.90 C) $27.90 D) $25.42