If a Starbucks vanilla latte costs $5 in Seattle and 4 euros in Paris, what must the exchange rate be if purchasing power parity holds?

a) 4 euros per dollar

b) 0.80 euros per dollar

c) 1.25 euros per dollar

d) 20 euros per dollar

Under Armour wants to assess its brand equity more effectively and asks its marketing team to convince upper management why it is important to spend the money on measuring it. Which reason is the most convincing that the team should use?

Regarding competitive strategies, advertising is used in which strategy.

An outside manufacturer has offered to produce 83,000 Daks and ship them directly to Andretti's customers.

The conservatism constraint prescribes that: a) A company use the same accounting methods period after period. b) All items of a material nature are included in financial statements. c) All inventory items are reported at full cost.

Why an entrepreneur may decide to purchase an existing business

Richard hires Paul to paint his kitchen in two eight-hour days of work for $500. At the end of the first day, the kitchen is 85 percent complete. Richard asks Paul to stay late and finish.

A manager demonstrates when he listens carefully to his subordinates and works to build trusting relationships.

On March 1, 2017, Boyd Company acquired real estate, on which it planned to construct a small office building, by paying $80,000 in cash.

A. Assume that the risk-free rate is 8 percent, the required rate of return on the market (or an average-risk stock) is 13 percent, and the required rate of return on Acme Healthcare stock is 15 percent.

taxes: a. are unlikely to affect market supply and demand b. are copmulsory payments to governments c. never affect efficiency in the allocation of resourcesd. are voluntary payments to governments