Use the Following Information to Answer the Question(s)below

question 23

Multiple Choice

Use the following information to answer the question(s) below.
Taggart Transcontinental needs a $100,000 loan for the next 30 days.Taggart has three alternatives available:
Alternative #1: Forgo the discount on its trade credit agreement that offers terms of 2/5 net 35.
Alternative #2: Borrow the money from Bank A,which has offered to lend the firm $100,000 for one month at
an APR of 9%.The bank will require a (no-interest) compensating balance of 10% of the face-value of the loan and will charge a $200 loan origination fee,which means that Taggart must borrow even more than the $100,000 they need.
Alternative #3: Borrow the money from Bank B,which has offered to lend the firm $100,000 for one month at an APR of 12%.The loan has a 1% origination fee.
-Which alternative should Taggart choose?

• A)Alternative #1 since it has the lowest EAR
• B)Alternative #2 since it has the lowest EAR
• C)Alternative #3 since it has the lowest EAR
• D)Alternative #2 since it has the highest actual rate

Identify the objectives and reasons behind union formation and employee drive for union representation.

Recognize the legal framework and historical significance of labor laws in the United States, including the Wagner Act and the Taft-Hartley Act.

Understand the rights of employees in seeking union representation and the process involved.

Identify strategies employed by unions and organizations to maintain union-free environments.

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Definitions:

Average Distance

A measure used to calculate the mean distance between points in a dataset, often used in logistics and planning.

Distribution Centre

A warehouse or storage facility where goods are kept until they are distributed to retailers or customers.

Coordinates

Numerical values that identify a specific point in a space, used in geometry and geography.