Which of the following variables in the marketing mix is the easiest to change rapidly?
A) promotion B) place C) price D) product
C
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In capital-intensive industries, wage levels are often a large percentage of costs associated with a product
Indicate whether the statement is true or false
Determining the cash flows from operating activities generally requires analyzing each item on the income statement as well as the current asset (except cash) and current liability accounts
a. True b. False Indicate whether the statement is true or false
Under IFRS, liabilities and shareholders' equity on the balance sheet usually appear in which order?
A) ?Equity, noncurrent liabilities, and current liabilities B) ?Current liabilities, noncurrent liabilities, and equity C) ?Equity, current liabilities, and noncurrent liabilities D) ?Noncurrent liabilities, current liabilities, and equity
Bharrat Corporation purchased 40% of Ferris Corporation for $100,000 on January 1. On October 17 of the same year, Ferris Corporation declared total cash dividends of $12,000. At year-end, Ferris Corporation reported net income of $60,000. The balance in the Bharrat Corporation's Long-Term Investment-Ferris account at December 31 should be:
A. $124,000. B. $100,000. C. $119,200. D. $80,800. E. $95,200.