Which stage in the product life cycle is characterized by rapidly increasing sales and increasing profits?
A) introduction
B) youth
C) growth
D) maturity
E) development
C
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From the above information, calculate Closet Link's total variable costs.
Closet Links Clothing Company provided the following manufacturing costs for the month of June.
A) $313,200
B) $71,000
C) $242,200
D) $223,000
Answer the following statements true (T) or false (F)
1. Escalated is one of the basic types of layouts. 2. A product layout is used to produce a unique product for different customers. 3. A fixed-position layout is also referred to as a straight-line layout. 4. An open office layout design promotes standardization.
The par value of common stock represents the
a. liquidation value of the stock. b. book value of the stock. c. legal nominal value assigned to the stock. d. amount received by the corporation when the stock was originally issued. e. None of these choices is correct.
Pierre's Ice Cream Company produces ultra-rich ice cream, which it sells in Cleveland, Ohio, and other neighboring places. Last year, its actual return on investment exceeded its target return on investment (ROI) for that fiscal year
The following results were found on its financial statements: Gross revenues: $250,000 Total assets: $500,000 Gross profits: $100,000 Total liabilities: $200,000 Net profits after tax: $ 50,000 Owner's equity: $300,000 What was the actual ROI for Pierre's Ice Cream Company? a. 6.67 percent b. 10 percent c. 22 percent d. 28 percent