Which of the following extrinsic factors is most likely to sway a consumer's decision about whether to contribute to social media?
A) whether they are having fun
B) whether they are learning
C) whether it affects their self-image
D) whether the brand is novel
E) whether their family is having fun
C
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Below is financial data for Computech Industries' current year. Net sales on account during year $500,000 Cost of merchandise sold during year 300,000 Accounts receivable, beginning of year 45,000 Accounts receivable, end of year 35,000 Inventory, beginning of year 90,000 Inventory, end of year 110,000 Refer to the data for Computech Industries. Based on this information, what is Computech's
inventory turnover ratio for the current period? a. 1.67 times b. 2.73 times c. 0.33 times d. 3.00 times
A copyright is obtained for what becomes a very successful book. The publisher expects the book to generate sales for ten years. The copyright should be
a. amortized over the author's life plus 70 years. b. expensed immediately. c. amortized over 10 years. d. amortized over a reasonable life.
Recognition of revenue usually occurs when
a. the firm pays for the related expenses. b. the revenue is earned, such as at the time of the sale or delivery of the goods. c. a signed, legally binding contract is received. d. an advance payment for the goods is received. e. none of the above.
50 Percent of your potential customers would be willing to buy your product for $16 each, but the other 50 percent would be willing to pay no more than $10. Unfortunately, you cannot tell your customers apart. Your marginal cost per unit is $4. If you set the selling price of each unit at $16, the expected profit per unit is:
a. $15 b. $10 c. $6 d. $25