List the conditions in which companies spend more on advertising and promotion relative to sales
What will be an ideal response?
a. The product is standardized.
b. There are many end users.
c. The typical purchase amount is small.
d. Sales are made through channel intermediaries rather than directly to end-users.
e. The product is premium priced.
f. The product line has a high contribution margin.
g. The product or service has a small market share.
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manager's responsibilities. Indicate whether the statement is true or false
Suffolk Corporation issued $100,000 of 20-year, 6 percent bonds at 98 on one of its semi-annual interest dates. The straight-line method of amortization is to be used. After seven years, what is the carrying value of the bonds?
a. $98,350 b. $98,700 c. $99,300 d. $99,650
Companies that manufacture products such as custom-designed decks and pools would most likely use which type of costing?
A) Process costing B) Job costing C) Operations costing D) Normal costing
What is meant by e-commerce?
What will be an ideal response?