Which of the following is a compensation policy choice?
A) nominal pay
B) commissions
C) real pay
D) pay mix
Answer: D
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________ are a form of product that consists of activities, benefits, or satisfactions offered for sale that are essentially intangible and do not result in the ownership of anything
A) Liabilities B) Services C) Brands D) Consumer products E) Specialty products
KidCo Cereal Company sells "Sugar Corns" for $2.50 per box. The company will need to buy 20,000 bushels of corn in 6 months to produce 40,000 boxes of cereal. Non-corn costs total $60,000
What is the company's profit if they purchase call options at $0.12 per bushel with a strike price of $1.60? Assume the 6-month interest rate is 4.0% and the spot price in 6 months is $1.65 per bushel. A) $6,504 profit B) $8,005 loss C) $12,064 profit D) $11,293 loss