Gunther earned a 62.5 percent return on a stock that he purchased one year ago. The stock is now worth $12, and he received a dividend of $1 during the year. How much did Gunther originally pay for the stock?
A) $7.00
B) $7.50
C) $8.00
D) $8.50
Ans: C) $8.00
Business
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Which method of developing marketing communications budget is often used in highly, competitive markets where rivalries between competitors are intense?
A) percentage of sales B) meet the competition C) what we can afford D) objective and task
Business
According to the Fair Labor Standards Act, under which of the following circumstances is an employee most likely to be considered eligible to receive overtime pay?
a. The employee earns over $100,000 per year. b. The employee has the authority to recommend the hiring or firing, or promotion of others. c. The employee directs three full-time employees. d. The employee is paid by the hour.
Business