A florist should consider the grocery store chain Kroger to be a ________ because consumers are able to purchase the same products at Kroger stores as it sells in its own.
a. customer
b. strategic ally
c.supplier
d. distributor
e. competitor
e. competitor
Every organization has to be actively aware of its competitors. Florist shops and delicatessens must be aware that customers can buy the same products at Safeway or Kroger.
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Answer the following statement true (T) or false (F)
When a company introduces a product at a very high price and then gradually drops the price over time, it is pursuing a ________ strategy
A) market-penetration pricing B) market-skimming pricing C) value-pricing D) switching cost E) loss-leader pricing
Tremble Company manufactures outdoors wear for women. During 2014, the company reported the following items that affected cash. Required: Indicate whether each of these items is a cash flow from operating activities (O), investing activities (I), or financing activities (F). _____A. Paid cash for supplies _____B. Purchased equipment by paying cash _____C. Collected cash on account from customers
_____D. Paid dividends to stockholders _____E. Paid suppliers for fabric _____F. Borrowed money from a bank on a long-term note _____G. Paid interest to bank on the note _____H. Paid wages to employees _____I. Sold shares of common stock to new stockholders Fill in the blank(s) with correct word
When bonds are issued by a company, the accounting entry shows an:
A) increase in liabilities and a decrease in equity. B) increase in liabilities and an increase in equity. C) increase in assets and an increase in liabilities. D) increase in assets and an increase in equity.