The Solar Group, a Mississippi-based mailbox manufacturer, sells mailboxes to contractors who are building mega-subdivisions, to hardware stores, and directly to new homeowners. What kind of products is the Solar Group selling?

A. business products only
B. both business and consumer goods
C. installations
D. consumer goods only
E. supplies


Answer: B

Business

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The journal entry a company records for the issuance of bonds when the contract rate is greater than the marketrate would be

a. debit Bonds Payable, credit Cash b. debit Cash and Discount on Bonds Payable, credit Bonds Payable c. debit Cash, credit Premium on Bonds Payable and Bonds Payable d. debit Cash, credit Bonds Payable

Business

When deprived of opportunities to converse in what way do we devise other means?

A. face-to-face B. online C. by cell phone D. on Twitter

Business

Jeff is going to sell sporting apparel, which he has already purchased from manufacturers, and has signed a deal agreeing to the volume he will sell monthly. He has researched his competition, talked to some customers, and decided on prices he will charge. Jeff has also developed a plan for promoting his business. Based on this description, which element of the marketing mix does Jeff still need to work on?

A. price B. planning C. promotion D. place E. product

Business

A supporting schedule to the statement of cash flows may include noncash flow items

Indicate whether the statement is true or false

Business