The cost of selling one unit of a product is called ________.
A. cost of materials
B. cost of goods sold
C. cost of services sold
D. marginal cost
Answer: B
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In marketing and sales messages, what is the primary difference between selling points and benefits?
A) Selling points are positive whereas benefits are not. B) Selling points focus on the user rather than the product. C) Selling points focus on the product rather than the user. D) Benefits are unrelated to the audience. E) Benefits focus on key features of a product.
During Year 3, investors in bonds of Kline Corporation exercised their option to convert their debt securities into shares of common stock. The entry made in the accounting records to record the conversion is as follows: Bonds Payable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3,000 Common Stock . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1,000 Additional Paid-in Capital . . . . . . . . . . . . . . . . . . . . . . . . . . . .2,000 The transaction requires a. inclusion in the statement of cash flows as an operating activity, only. b. inclusion in the statement of cash flows as an investing activity, only. c. inclusion in the statement of cash flows as a financing activity, only. d. disclosure in a supplementary schedule or notes to the financial statements. e. disclosure in managements' discussion and analysis.
Why is it critical to form a time-phased budget?
Fill in the blank(s) with the appropriate word(s).
Bonds issued by BB&C Communications that have a coupon rate of interest equal to 10 percent currently have a yield to maturity (YTM) equal to 8 percent. Based on this information, it is understood that BB&C's bonds must currently be selling at a premium in the financial markets.
Answer the following statement true (T) or false (F)