Tariffs are limits on the amount of foreign imports that a country will accept in certain product categories

Your cash manager is currently using wire transfer to obtain collections from distant locations each time that the cash accumulates to $50,000. Evaluate the financial logic of this policy if the wire transfer costs $20, saves three days of mail time, and interest rates average 7 percent annually.

A) Stop the policy; $8.77 is lost with each transfer. B) Continue the policy at the current transfer amount. C) Improve policy by reducing transfer amount to $34,800. D) Stop the policy unless the transfer amount is increased to approximately $65,200.

When determining the best method to use in developing your résumé, remember

A) all companies scan the résumés for keywords. B) the résumé must be one page or less. C) a traditional résumé is no longer necessary as most applications are online. D) to adapt the résumé to meet the needs of your audience. E) the strongest résumés use a chronological format.