The use of the memorized sales presentation is based on two different assumptions. List them.

You are the manager of a supermarket,and you know that the cross-price elasticity of peanut butter to jelly is exactly -2.0.Because of a bad grape harvest,grape jelly prices are expected to rise by 10% next year.To account for the change in demand,you should stock 10% more peanut butter.

A bill of lading is a document that is issued by a person engaged in the business of transporting goods that verifies what?

A) Receipt of the goods for shipment.
B) That the goods are insured.
C) That the goods are properly marked for shipping.
D) That the bank has released the goods to ship.
E) That customs forms are completed.

The best way to adjust for the existence of flotation costs is to add their %age cost to the WACC.

Which of the following represents the accounting equation?

A) Assets + Liabilities = Owners' Equity
B) Assets = Liabilities + Owners' Equity
C) Liabilities = Assets + Owners' Equity
D) Owners' Equity - Liabilities = Assets

When can an arbitration award be set aside?

A) If the parties do not like the outcome of the arbitrator's award.
B) If the award resulted from fraud, corruption or the arbitrator misbehaved in a way that prejudiced the rights of the parties.
C) If the courts do not like the arbitrator that the parties picked.
D) If the arbitrator was a lawyer and not a judge.
E) If the arbitrator was a judge and not a lawyer.