Jasmine met Lee at her apartment pool and agreed to go out on a date with him that evening. She has often gone out with people she just met. Her agreement to go out with him when she just met him demonstrates affect-based trust.

Answer the following statement true (T) or false (F)


False

Jocelyn's agreement to go out with Bryan when she just met him represents disposition-based trust, which means a person's personality traits include a general propensity to trust others.

Business

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Salmone Company reported the following purchases and sales for its only product. Salmone uses a perpetual inventory system. Determine the cost assigned to cost of goods sold using LIFO. DateActivitiesUnits Acquired at CostUnits Sold at RetailMay 1Beginning Inventory170 units @ $12 5Purchase230 units @ $14 10Sales 150 units @ $2215Purchase110 units @ $15 24Sales 100 units @ $23

A. $3750 B. $3640 C. $3310 D. $3600 E. $3160

Business

One component of the external environment marketing managers must understand and react to is the economic environment. Briefly describe the four economic areas of greatest concern to U.S. marketers and the marketing implications of trends in these four areas.

What will be an ideal response?

Business

Collateral is not required for most short-term financing.

Answer the following statement true (T) or false (F)

Business

The absorption costing approach uses the contribution margin income statement format.

Answer the following statement true (T) or false (F)

Business