An example of a ________ is an airline's practice of awarding customers points for miles traveled that can be turned in for free airline trips

When issuing new stock, a firm received $50 million while the underwriting spread was $4 million and total direct expenses were $6 million. The %age of the proceeds absorbed by direct expenses was:

A. 7.14% B. 8.00% C. 10.71% D. 12.00%

Which of the following is NOT true of the Universal Product Code (UPC)?

A) It is printed on the side or bottom of all non-perishable items sold in grocery stores and other mass-merchandising outlets. B) It supplies information about the type of item. C) It identifies the manufacturer of the product. D) It is read by an electronic scanner. E) Retailers use information from UPC bars to track sales and control inventory.