Answer: Drug Czar
Explanation: Drug Czar is an informal name for the person who is responsible for direction of the drug control policy in different areas. The term czar is an informal term used in US politics.
Matthew is responsible for the drug control strategy and is responsible for allocation of drug control budget for all federal agencies. So his position is of Drug Czar.
Answer:
Applied marketing research
Explanation:
Applied marketing research is the application of basic research in order to directly find solutions to specific commercial problems or to solve problems that are of many firms' interests. In the example given Campbell is trying to determine the soup consumers will prefer before the product goes out.
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Answer:
If you pay $1,951.67 per month, then the interest rate on this loan is not 17.1%
a. The rate should be legally quoted 2.52% per month
b. The effective annual rate is 30.2%
Explanation:
We can use excel to calculate for the actual rate charged on loan $20,000 with equal monthly installment of $1,951.67 by function rate = Rate(number of payments, amount paid monthly,loan value) = (12,-1951.67,20000,,,)
Please see excel attached for better understanding.
Answer:
Current ratio 3.46
Acid-test ratio 1.71
Explanation:
A. Calculation to determine Current ratio
Using this formula
Current ratio =Current assets/Current liablities
Let plug in the formula
Current ratio=$92 million+$84 million+$172 million+$8 million/$78 million+$25 million
Current ratio=$356 million/$103 milion
Current ratio=3.46
B. Calculation to determine the acid-test ratio
Acid-test ratio=$92 million+$0+$84 million/$78 million+$25 million
Acid-test ratio=$176 million/$103 million
Acid-test ratio=1.71
Answer: Option (B) is correct.
Explanation:
Correct Option: Resources to the highest value good or service.
Prices normally are able allocate scarce resources efficiently because they will allocate resources in a better way, so that there can be a full utilization of resources.
If the resources are used efficiently and effectively then this will lead to an optimal utilization of the limited resources.