Which of the following is possible in a modified Cox, Ross, Rubinstein binomial tree?
A. The interest rate and volatility can both be functions of time
B. The interest rate or the volatility can be a function of time, but not both
C. The interest rate can be a function of time but the volatility cannot
D. The interest rate and volatility must be constant
A
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The following information relates to Nebula, Inc
Sales Revenue $240,000 Cost of Goods Sold 160,000 Interest Revenue 10,000 Operating Expenses 40,000 Sales Discounts 20,000 Sales Returns and Allowances 7,000 Calculate the operating income. A) $13,000 B) $70,000 C) $240,000 D) $23,000
Which of the following is an example of channel differentiation?
A) Berry's has an intensive training program for its customer-facing employees, to ensure a consistent service standard. B) The Swan Hotels use a distinctive signature fragrance in all outlets so that customers can associate the fragrance with the hotel. C) JEK's sophisticated customer database allows the company to handle queries and product returns much faster than competitors. D) RTZ shifted its products from supermarket aisles to exclusive stores as it realized that customers were willing to pay more in stores. E) Hayley's found success by allowing buyers to customize the color and some features of its appliances before buying them.