Which of the following is an important demographic variable for the segmentation of low-priced products?
A) national income
B) population size
C) attitudes
D) lifestyles
B
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The current ratio is computed by adding current assets and current liabilities
Indicate whether the statement is true or false
Consumer socialization refers to
A. the distinct phases that a family progresses through from formation to retirement, each phase bringing with it identifiable purchasing behaviors. B. the people to whom an individual looks as a basis for self-appraisal or as a source of personal standards. C. the relatively permanent, homogeneous divisions in a society into which people sharing similar values, interests, and behavior can be grouped. D. the process by which people acquire the skills, knowledge, and attitudes necessary to function as consumers. E. the modes of living that are identified by how people spend their time and resources, what they consider important in their environment, and what they think of themselves and the world around them.
Available-for-sale (AFS) investments that are expected to be held longer than a year are reported as ________
A) equity B) current assets C) long-term assets D) either current assets or long-term assets
Peyton has adjusted gross income of $2,000,000 on his 2018 tax return, filed April 17, 2019, the due date. He accidentally failed to include $200,000 that he received for a television advertisement. How long does the IRS have to audit Peyton's federal tax return?
A. until April 17, 2021 B. until April 17, 2025 C. until April 17, 2022 D. The IRS can audit Peyton's return at any future date.