If a company's pricing objective is to meet the competition or to maintain existing prices, it is using _____ pricing.
A. head-on
B. target return on investment
C. status quo
D. market share
E. demand-oriented
Answer: C
You might also like to view...
Which of the following items would be deducted from net income to determine net cash provided by operating activities using the direct method?
A) loss on sale of plant assets and amortization of bond payable discount B) amortization of bond payable premium and gain on sale of equipment C) amortization expense and gain on sale of equipment D) None of these choices would be deducted from net income
Burst activities have more than one activity immediately following them (more than one dependency arrow flowing from them).
Answer the following statement true (T) or false (F)
Middlebrook Financial Services, Inc invested $30,000 to acquire 6,250 shares of Mitt Investments, Inc on March 15, 2013
This investment represents less than 20% of the investee's voting stock. On May 7, 2017, Middlebrook Financial Services, Inc sells 2,000 shares for $21,250. Which of the following will be the correct journal entry for the May 1, 2017 transaction? A) Gain on Disposal 21,250 Long-term Investments-Available-for-Sale 21,250 B) Cash 21,250 Gain on Disposal 21,250 C) Cash 21,250 Long-term Investments-Available-for-Sale 9,600 Gain on Disposal 11,650 D) Cash 21,250 Long-term Investments-Available-for-Sale 21,250
In some instances, people may be held liable for injuries they have caused even though they have not acted intentionally or negligently
Indicate whether the statement is true or false