A small U.S. print studio uses Facebook and Pinterest to promote its stationery and other products

The regular posts and reviews from customers have attracted the attention of several companies worldwide who like to customize their office stationaries and supplies. This is an effect of__________.
Fill in the blanks with correct word.

ANSWER: using social media to expand beyond local markets

The print studio uses social media such as Facebook and Pinterest to display its products. This attracts the attention of several companies worldwide, thus allowing the firm to expand beyond local markets. Opening an e-commerce site on the Internet immediately puts a company in the international marketplace.

Business

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If an asset's disposal value is greater than its current book value, a gain on disposal occurs

Indicate whether the statement is true or false.

Business

James, Inc. has zero-coupon outstanding debt maturing in 8 years. In rank of seniority, each pays at maturity $20 million, $15 million, and $40 million

Assume asset value = $60 million, r = 0.05, ? = 0.28, and no dividend is paid. What is the yield on the $15 million subordinate debt? A) 5.72% B) 6.72% C) 7.72% D) 8.72%

Business