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Fred Smith of Dodge City Bank has received many loan applications from local small businesses. The applications are supported through many documentation, including the business plans of the companies. Each applicant has submitted forecasts of sales and profits for his or her business. Smith must decide which (if any) loans to approve. Because the ability of the firms to pay off the loans depends on the accuracy of the forecasts, he is especially concerned. He has called on you, his newly hired assistant, to help determine the reliability of the forecasts. What do you tell him about these forecasts and their accuracy to help him make his decision?
A bicycle produced in the U.S. costs $100. Using the exchange rates listed in Table 1, what would the bicycle cost in each of the following nations?
Discuss what opportunity costs do you confront by enrolling in University of Phoenix's MBA program? Does your organization with which you are familiar consider opportunity costs when evaluating strategic opportunities?
Suppose you are the owner of a small bank in a state that is planning allowing interstate banking. You do not like this because it will be possible for large money center banks in Washington,
Dubya make a decision to deposit $5,000 of his cash holdings in Wachovia. The required reserve ratio is set at 10 percent or .10 and the bank does not hold any excess reserves.
Your proposal to develop into 3-countries was approved by CEO. Now you have to make decision on a strategy - will PM firm simply sell its item or expand its markets via investment?
One of the basic premises of a capitalistic economy is ownership of private property. This comprises the ownership of private firms, in part or in entirety.
You are between jobs and have decided to relocate to a city west of the Mississippi River, but you are unsure of what size or type of city you and your family can afford to live in.
The Republic of Republic produces 2-goods, marshmallows and soda water. In 1994, the one hundred units of MM produced sold for $3 a unit and 50 units of SW produced sold for $1 a unit.
Assume the United State dollar price of a British pound is $1.50; dollar price of a euro is $1; a hotel room in London, England, costs 120 British pounds;
Many people think of marketing as only promotion; they only look the tip of the marketing iceberg. However, marketing is much more.
A possible international monetary regime consists of a world central bank controlling monetary policy and issuing a single currency used throughout the world.
Before one year Polish zloty was PLN 3.8000/USD. Since then the sloty has fallen 14 percent against the dollar. Price levels in the US have not changed, but Polish price has gone up 7 percent
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