Which of the following is a name for what you create during the final stage of outline preparation?
a. Working outline
b. Idea outline
c. Full sentence outline
d. Extemporaneous outline
d. Extemporaneous outline
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A market research study of soft drink consumption and distribution in Hungary commissioned by an American company indicated that soft drinks were available in drugstores. However, Western-style drugstores do not exist in Hungary. This illustrates an important issue in global marketing research, namely:
A) inflated data. B) using convenience samples. C) market estimation by analogy. D) comparability of data. E) using multiple dimensional scaling.
Which of the following best describes any communication form that sends messages directly to a target market with the anticipation of an immediate or short-term response?
A) direct marketing B) radio advertising C) newspaper advertising D) public relations
Outdoor World experienced the following business events during its first year of operation. The company uses a perpetual inventory system.1) Purchased merchandise on account for $170,000.2) Sold inventory costing $124,000 for $208,000 on account.3) Paid transportation-out cost of $7,000 on goods sold.4) Paid operating expenses of $55,200. 5) Sold land for $45,400 that had cost $50,000.6) A count of the inventory revealed that there was $45,800 of inventory on hand at the end of Year 1.Required: a) What was Outdoor World's net income for Year 1?b) What was the gross margin and the gross margin percent for Year 1?c) What amount of inventory will be reported on the balance sheet for December 31, Year 1?d) Prepare a multistep income statement for Year 1.
What will be an ideal response?
Net working capital is equal to
A) total assets minus total liabilities. B) total operating capital minus net income. C) current assets minus total liabilities. D) current assets minus current liabilities.