General Motors uses multiple marketing mixes for its various divisions and focuses these marketing mixes on various segments of the automobile-purchasing market. General Motors uses
A. concentrated market segmentation.
B. an undifferentiated approach.
C. differentiated market segmentation.
D. segmentation by function.
E. mixed market segmentation.
Answer: C
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Discuss the difference between business events that are transactions and those that are not. Why is the distinction important?
On March 21, 2019, the bond accounts of Pet Supplies Sales showed the following balances.
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Use the following to answer the questions below:On October 1, 2016, the City of Mizner issued $5,000,000 in 4%, general obligation bonds at 101 for the purpose of constructing an addition to City Hall. The premium was transferred to a debt service fund. A total of $4,968,750 was used to construct the addition, which was completed prior to June 30, 2017. The remaining funds were transferred to the debt service fund. The bonds were dated October 1, 2016, and paid interest on April 1 and October 1. The first of 20 annual principal payments of $250,000 is due October 1, 2017. The fiscal year for Mizner is July 1- June 30.How would the construction costs of $4,968,750 be reported at year-end?
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