A large retailer of home improvement and construction products offers "how-to" classes for do-it-yourselfers, featuring instructions on how to complete home improvement projects using products sold at its stores
This is an example of how the retailer has differentiated itself through its ________.
A) product assortment
B) services mix
C) segmentation
D) atmosphere
E) pricing
B
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Which of the following statements is false?
a. The method of preparing the operating activities section of a statement of cash flows which adjusts net income to remove the effects of deferrals and accruals for revenues and expenses is the indirect method. b. The method of preparing the operating activities section of a statement of cash flows which reports major classes of gross cash receipts and cash payments for revenues and expenses is the direct method. c. The FASB prefers the direct method of preparing the operating activities section of the statement of cash flows. d. Most companies use the direct method of preparing the operating activities section of the statement of cash flows.
Separate equivalent units of production usually are calculated for materials and conversion costs
Indicate whether the statement is true or false
Compute the average assets invested for the Omega International's investment center as shown below. Omega International Total sales $18,000 Operating income $4,000 Beginning assets invested $14,000 Ending assets invested $14,500 Average assets invested $? Desired ROI 28.86% Residual income $?
A) $14,350 B) $14,400 C) $14,300 D) $14,250
______ are used to convey information, evaluation, analysis, and/or recommendations to management or colleagues.
a. Letters b. Bulletin boards c. Reports d. Memos