Which of the following is an example of cannibalization?
A) A toothpaste manufacturer adds a new line of toothpaste (that contains baking soda) to its product line.
B) A grocery store begins selling T-shirts featuring the local university's mascot.
C) A basketball manufacturer adds basketball hoops to its product line.
D) A convenience store begins selling pre-paid cell phones.
Answer: A
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Zebra Company overstated its December 31, 2016 inventory by $5,200 . Which statement is true concerning Zebra's financial statement amounts for 2016?
a. The current ratio is overstated. b. Cost of goods sold is overstated. c. Working capital is understated. d. Net income is understated.
Explain the transactional theory of stress.
What will be an ideal response?
Gross margin is the difference between net sales and
A) net income. B) cost of goods sold plus operating expenses. C) operating expenses. D) cost of goods sold.
How do frames shape our view of reality?
What will be an ideal response?