Futures contracts require that the purchaser deposit an initial sum as collateral. This deposit is called a:

As the technology and customers become more sophisticated,

A. Sales managers hire younger workers B. Sales managers hire people with technical backgrounds C. The quality of the presentation must get better D. Industrial buyers are leaving the industry E. Interpersonal skills are becoming less important

A firm's ending retail book value of inventory is $200,000 . Its stock shortages are $15,000 . If its cost complement is 0.63, what is its closing inventory at cost?

a. $9,450 b. $116,550 c. $166,000 d. $170,150