Mammoth Foods, a major agricultural corporation, recently purchased MJS Organic Foods Co. MJS was established six years ago and has become a major supplier to restaurants in the northeastern United States. The organic herbs, vegetables, and fruit market is expected to have a double-digit growth rate over the next decade. Under the Boston Consulting Group (BCG) Growth-Share Matrix, MJS would most likely be classified as a ________.
A. dog
B. star
C. problem child
D. top gun
E. cash cow
Answer: B
You might also like to view...
Risk exposures in the General Ledger and Financial Reporting Systems include all of the following except
a. loss of the audit trail b. unauthorized access to the general ledger c. loss of physical assets d. general ledger account out of balance with the subsidiary account
Markup pricing is popular because when all firms in the industry use this pricing method, prices tend to be similar, so price competition is minimized
Indicate whether the statement is true or false
An employee overstates his reimbursable expenses in one period in order to receive needed additional cash. Since he intends to reduce his expenses the next period by the current overstatement, this act is not considered fraudulent.
Answer the following statement true (T) or false (F)
You put 20% down on a home with a purchase price of $300,000. The down payment is thus $60,000, leaving a balance owed of $240,000
The bank will loan the remaining balance at 4.28% APR. You will make annual payments with a 20-year payment schedule. What is the annual annuity payment under this schedule? A) $18,100.23 B) $22,625.29 C) $12,000.00 D) $33,785.23