The relationship between openness and inflation seems to be inverse for
A) less developed countries and not developed ones.
B) both less developed and developed nations.
C) developed nations but not less developed ones.
D) neither developed nor less developed nations.
Answer: A
Business
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ABC Corp. disburses $4 million annually and keeps idle funds in Treasury bills which earn an average of 5 percent and incur a fixed cost of $35 each time a cash conversion is made. What is the average amount of cash that ABC Corp. should have on hand?
A) $16,733 B) $74,833 C) $37,417 D) $33,466
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Today, much of the software used in an organization
A. Is leased. B. Is bundled as a suite. C. Is developed around the DOS operating system. D. Is not well designed for the uses made of it.
Business