The marketing and sales budget of Cayzon Inc is estimated to be $250 million and its marketing administration cost is estimated to be $20 million
The acquisition cost per customer is $2,000, and it is 10 times more than the retention cost per customer. If 45,000 new customers are acquired, what is the total number of retained customers?
A) 320,000 customers
B) 825,500 customers
C) 460,000 customers
D) 700,000 customers
E) 160,500 customers
D
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Which of the following items would not be used in the calculation of the cost-to-retail ratio if the FIFO retail inventory method were used to determine the ending inventory?
A) net markdowns B) purchases C) beginning inventory D) freight-in charges
A Jewish man in the U.S. in the 1920s is employed by a small business owner who operated his hiring practices by the employment-at-will doctrine. If the owner discovers his employee is Jewish and chooses to fire him for that reason, what does this doctrine say?
a. The man can be openly and legally fired for being Jewish. b. The man can be fired, but the owner must offer a nonethnic or nonreligious explanation. c. The man can be asked to leave, but he has the right to stay on despite obvious discrimination and poor treatment. d. The man is free to leave employment at any time voluntarily.
Texas Company has established a target rate of return of 16% for all divisions. For the most recent year, San Marcos Division generated sales of $10,000,000 and expenses of $7,500,000 . Total assets at the beginning of the year were $5,000,000 and total assets at the end of the year were $7,000,000. Refer to Texas Company. For the most recent year, what was San Marcos Division's return on
investment? a. 20.83% b. 35.71% c. 41.67% d. 50.00%
Unincorporated entities are typically treated as flow-through entities for tax purposes.
Answer the following statement true (T) or false (F)