In the cold canvass technique, the salesperson calls on potential customers without their prior consent.
Answer the following statement true (T) or false (F)
True
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Accumulated Depreciation
a. is the same as Depreciation Expense b. is used to show the amount of cost expiration of intangibles c. is a contra asset account d. is used to show the amount of cost expiration of natural resources
Valdez Company is considering eliminating its kitchen division, which reported an operating loss of $53,000 for the past year. Kitchen division sales for the year were $1,040,000, and its variable costs were $775,000. The fixed costs of the division were $318,000. If the kitchen division is dropped, 60% of the fixed costs allocated to it could be eliminated. The impact on Valdez's operating income from eliminating this business segment would be:
A. $274,200 decrease B. $74,200 decrease C. $265,000 decrease D. $74,200 increase E. $265,000 increase
Because short-term interest rates are much more volatile than long-term rates, you would, in the real world, generally be subject to much more price risk if you purchased a 30-day bond than if you bought a 30-year bond.
Answer the following statement true (T) or false (F)
Jacob has developed a detailed description of a new product as well as an illustration, and he has asked a small sample of customers to read the product description and give feedback. With this step completed, Jacob is now examining whether this new product will fit well with the company's current product mix, whether demand is high enough to begin developing the product, and whether the product is likely to increase the firm's profitability. Jacob is most likely in the ______________ stage of the product development process.
A. idea generation B. screening C. concept testing D. business analysis E. product development