Calculate the interest on a 270-day, 11% note for $36,000. (Use a 360-day year to compute interest. Round your answer to the nearest dollar.)
A) $5,940
B) $2,970
C) $3,960
D) $330
B .($36,000 x 11%) x 270 / 360 = $2,970
Business
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In the context of the levels of planning, typical strategic goals involve
A. updating the equipment used. B. increasing market share. C. estimating advertising expenditures. D. complying with civil rights laws. E. utilizing human resources.
Business
During which of the following stages of the new-product development process does the company seek to answer questions such as (1) what is the market opportunity for this product? (2) how does this product impact the brand? and (3) what are the costs to bring the product to market?
A. market research B. business case analysis C. launch D. evaluation
Business