Deducting the desired profit margin from the price at which a product will sell, given its appeal and competitors' prices, is known as ________
A) overhead costing
B) target costing
C) activity based costing
D) benefit analysis
E) estimate costing
B
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The following selected transactions relate to liabilities of Food Emporium whose fiscal year ends on December 31.January 26Negotiated a line of credit with City Bank that can be renewed annually upon bank approval. The amount available under the line of credit is $1 million at the bank's prime rate.March 1Arranged a six-month bank loan of $400,000 with City Bank under the line of credit agreement. Interest at the prime rate of 8% is payable at maturity.September 1Paid the 8% note at maturity.
What will be an ideal response?
Crowdfunding entrepreneurs should set a funding target that is:
a. aggressive to signal confidence in the product or service for potential investors. b. low and easy to outperform in order to generate buzz around the product or service. c. realistic enough to attract backers but high enough to cover costs. d. as high as possible to generate as much initial cash as possible to infuse into the business.
A(n) ________ queuing system is one in which the customer receives service from only one station and then exits the system
Fill in the blanks with correct word
What is basis point adjustment? Why is it not appropriate simply to add the basis point differential associated with the first currency to the quoted swap rate that the firm will pay?
What will be an ideal response?