If one ounce of gold in dollars cost $25, and one ounce of gold in pounds cost $10, then the exchange rate for converting pounds into dollars is _____.
Fill in the blank(s) with the appropriate word(s).
Ans: 2.50
Business
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If goods are sold on terms FOB shipping point, the ________
A) seller normally pays the transportation costs B) buyer normally pays the transportation costs C) buyer and the seller split the transportation costs D) shipping company bears the transportation cost
Business
Pension plans may provide immediate retirement benefits for disabled previous employees
Indicate whether the statement is true or false.
Business