You are offered the chance to obtain more space. The offer is for 15 units and the total price is $1500. What should you do? Why?
What will be an ideal response?
Answer: Reject the offer. (11 × 15) = 1125 < 1500
Business
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Political and social instability in the Middle Eastern region can primarily be attributed to:
A) desert conditions and lack of agricultural land. B) cultural differences among nations. C) a wide gap between rich and poor nations due to oil revenues. D) lack of water purification facilities. E) the "Arab Spring."
Business
JT purchases 1,000 shares of stock at $29 per share in January 2006. He sells the 1,000 shares in
January 2012 for $32 per share. What is his internal rate of return? A) 6.15% B) 5.61% C) 5.19% D) 1.65%
Business