Gregor loves playing video games on his mobile phone. He keeps checking for newly launched games and downloads them from various websites. In this scenario, Gregor is involved in:
A. business-to-business e-commerce.
B. business-to-consumer e-commerce.
C. business-to-government e-commerce.
D. consumer-to-consumer e-commerce.
Answer: B
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Direct operating margin is:
a. the sum of departmental gross profit and direct operating expenses. b. the difference between departmental gross profit and direct operating expenses. c. the difference between departmental gross profit and indirect operating expenses. d. the difference between departmental gross profit and operating expenses. e. the difference between departmental net income and cost of goods sold.
Indicate how each event affects the elements of financial statements. Use the following letters to record your answer in the box shown below each element. You do not need to enter amounts. Assume that Frank Company uses a perpetual inventory system.Increase = I Decrease = D No Effect = NA(Note that "No Effect" means that the event does not effect that element of the financial statements or that the event causes an increase in that element that is offset by a decrease in that same element.) Wetzel Company recorded a cash discount on goods recently purchased on account.AssetsLiabilitiesStk. EquityRevenuesExpensesNet IncomeStmt of Cash Flows???????
What will be an ideal response?
To what does the term economic environment refer?
A. It refers to the application of science to convert resources to output. B. It refers to the macro-economic factors that affect patterns of consumer and business spending. C. It refers to the unique micro-economic factors of local markets. D. It refers to a marketing mix that customers see as better than a competitor's mix. E. It refers to the evaluation of the strengths and weaknesses of current competitors' marketing strategies.
Which of the following is not an example of real property?
A. Mobile home attached to a foundation B. Storage shed not attached to the land C. Factory D. Garage