Which of the following is true of marketing MANAGERS?

A) They are in staff positions.
B) They are trained in research techniques.
C) They are responsible for generating information.
D) They possess line positions.
E) none of the above

D

Business

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The future value of a deferred annuity is less than the future value of an annuity not deferred.

a. true b. false

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If a company has a net profit margin of 12% and a tax rate of 40%, the before-tax profit margin is closest to:

A. 7.2%. B. 12.4%. C. 20.0%.

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