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S_A_V
18 days ago
6

Midland Company buys tiles and prints different designs on them for souvenir and gift stores. It buys the tiles from a small com

pany in Europe, so at all times it keeps on hand a stock equal to the tiles needed for three months’ sales. The tiles cost $1.00 each and must be paid for in cash. The company has 26,000 tiles in stock. Sales estimates, based on contracts received, are as follows for the next six months: January 12,000 February 17,000 March 12,500 April 13,600 May 9,100 June 6,300 Required: a. & b. Estimate purchases (in units) and cash required to make purchases in January, February, and March.
Business
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soldi70 [3635]

Answer:

In 2013, Colgate's weighted average interest rate on its short-term borrowings was:

2.2%.

Explanation:

On page 62 of Colgate Palmolive's 10-K annual report, covering the fiscal year ending December 31, 2013, it was noted that "the weighted-average interest rate for short-term borrowings amounting to $13 in 2013 and $54 in 2012 listed in Notes and loans payable in the Consolidated Balance Sheets as of December 31, 2013, and 2012 was 2.2% and 1.0%, respectively."

The weighted average interest rate is calculated by considering the varying interest rates on short-term borrowings combined with their corresponding weights. These weights assist in calculating the average interest rate based on their proportionate sizes relative to the overall interest expense.

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4 months ago
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Response:

The correct selections are options A and B

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The CRM system refers to a system designed to collect and manage customer account data within a unified database and provide access through various networks such as intranet and internet. Thus, the involved components include data warehouses and databases, and it functions as a sophisticated analytical tool.

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3 months ago
The financial services department of your company offers a competitive leadership program. After screening and interviewing all
soldi70 [3635]

Answer:

The appropriate answer is: Formal.

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