When calculating the break-even point in a multi-product environment, which of the following pieces of information would not be relevant?
A) Contribution margin per unit for each type of product
B) Each product's percentage of total sales
C) Total fixed costs
D) Fixed costs per unit
D
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Floors, Inc offers terms of 2/10, n/30 to credit customers. Tile Magic Corp purchased 100 tile cutters with a list price of $20 each on August 5, 2016, on account. Tile Magic Corp paid the invoice on August 31, 2016 . How much sales discount will Floors recognize?
a. $ 40 b. $ -0- c. $ 200 d. $ 236
The use of a person's name, photograph or other identity without permission is considered what?
A) A violation of a binding contract B) Bait and switch advertising C) Invasion of privacy D) Misleading customers E) Deceptive claims
Corporate image marketing consists of activities undertaken to create, maintain, or change attitudes or behavior toward particular people
Indicate whether the statement is true or false
Answer the following statement(s) true (T) or false (F)
1. If the order quantity in each order is large, then fewer orders will be placed, which will result in lower annual ordering costs. 2. If the order quantity per order is 2,000 units, annual demand is 10,000, and cost per order is $50, then the total annual ordering cost is $2,500. 3. If the order quantity per order is 2,000 units, annual demand is 10,000, and cost per order is $50, then the total annual ordering cost is $250. 4. If the order quantity per order is 2,000 units, annual demand is 10,000, and cost per order is $50, then the average inventory is 1,000 units.