Multiply; round off monetary products to the nearest cent. Do not round off the non-monetary products
a. $0.625 × 8,000 b. 4.7807 × 1.309 c. $27.35 × 16.75
a. $5,000
b. 6.2579363
c. $458.11
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An asset was purchased for $5,000, has an estimated 4-year life, and a $200 salvage or scrap value. The annual depreciation for this asset will be $1,250 per year
Indicate whether the statement is true or false
Courtney always prefers Coca-Cola products. She does not consider other beverages, even when they are cheaper than Coca-Cola. Which of the following benefits of brand equity for customers does this exemplify?
A. brand loyalty B. perceived bonuses C. brand assets D. brand awareness E. brand strategy
Under the UCC statute of frauds, the writing for a sale of goods must A) state the quantity
B) state the price. C) be signed by both parties. D) be notarized.
Digital CookwareDigital Cookware has developed a new kind of skillet that should make cooking easier for many non-chefs. The skillet has a display on its handle that beeps to alert the cook when the pan's target temperature is reached. The skillet with the aid of an accompanying cookbook will take much of the guesswork out of cooking. Digital Cookware is a small company, and it has invested considerable money in developing this new technology, which it eventually hopes to use in an entire line of pots and pans. It has run some small ads for the new skillet in cooking magazines and been featured on some morning talk shows. It needs a quick infusion of cash to maintain its current operational level and to develop the rest of the cookware line. Digital Cookware is considering some kind of
sales promotion.Refer to Digital Cookware. Digital Cookware is offering retailers a price reduction for allocating space for special displays its products. This type of trade sales promotion is called: A. push money B. trade allowances C. event sponsorship D. store demonstrations E. trade shows