James Is a College Sophomore Who Lives on Campus

question 154

Multiple Choice

James is a college sophomore who lives on campus.Given what you have learned about proximity, he is most likely to become friends with

• A)Josh, who lives in his dorm.
• B)Kevin, who lives in a nearby dorm.
• C)Mark, who lives off-campus.
• D)Steve, who lives on the other side of campus in a fraternity house.

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Definitions:

Operating Expenses

Costs associated with the day-to-day operations of a business, excluding the cost of goods sold.

Operating Profit

Earnings from a company's core business operations, excluding deductions of interest and taxes.

Trade Discount

A reduction in the retail price of goods, offered by wholesalers or manufacturers to retailers.

Discount

The reduction applied to the price of goods, services, or securities, or the amount by which the market value of a bond falls below its par value.