Critics of the percentage of sales method of budget setting contend that this method ""reverses the advertising and sales relationship"" and that it ""treats advertising as an expense rather than an investment."" what are your thoughts about these arguments?

"in my opinion, we ought to stop making our own drums and accept that outside supplier's offer," said wim niewindt, managing director of antilles refining, n.v., of aruba. "at a price of $21 per drum, we would be paying $4.70 less than it costs us to manufacture the drums in our own plant. since we use 70,000 drums a year, that would be an annual cost savings of $329,000." antilles refining's current cost to manufacture one drum is given below (based on 70,000 drums per year):

Gulliver travel agencies thinks interest rates in europe are low. the firm borrows euros at 5 percent for one year. during this time period the dollar falls 11 percent against the euro. what is the effective interest rate on the loan for one year? (consider the 11 percent fall in the value of the dollar as well as the interest payment.)

When a large marketing company contracts with a payroll service company to process employee checks for them, they are a. diversifying the workforce b. outsourcing c. telecommuting d. completing the business cycle select the best answer from the choices provided