Making an economically rational decision requires Select one:

a. considering the prospective benefits and costs to oneself.

b. always considering the long-run.

c. avoiding opportunity cost.

d. equal consideration for your own and others’ welfare.

According to herman, one of the differences of managing a nonprofit versus a for-profit corporation is

Carey company is borrowing $225,000 for one year at 9.5 percent from second intrastate bank. the bank requires a 15 percent compensating balance. the principal refers to funds the firm can effectively utilize (amount borrowed − compensating balance). a. what is the effective rate of interest? (use a 360-day year. input your answer as a percent rounded to 2 decimal places.) b. what would the effective rate be if carey were required to make 12 equal monthly payments to retire the loan?

Which of the following is an element of inventory holding costs? a. material handling costs b. investment costs c. housing costs d. pilferage, scrap, and obsolescence e. all of the above are elements of inventory holding costs.