On November 1, Kim Company accepted a 3-month note receivable as payment for services provided to Hsu Company. The terms of the note were $10,000 face value and 6% interest. Kim Company closes its books at December 31 and does not use reversing entries. On February 1, the journal entry to record the collection of the note should include a credit to
A) Notes Receivable for $10,150
B) Interest Receivable for $150
C) Interest Revenue for $150
D) Interest Revenue for $50
D
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Which of the following brands generates only 6 percent outside North America, with very little of that in fast-growing emerging markets like India, China, and Brazil, which may represent opportunities for its growth?
A) UPS B) Under Armour C) FedEx D) Nike E) Adidas
Social marketing and corporate social responsibility are interchangeable terms
Indicate whether the statement is true or false
Generally, if a member dissociates form a limited liability company (LLC), the other members cannot continue to carry on the LLC's business.?
Indicate whether the statement is true or false
Starbucks Loyalty RewardsThe First Starbucks opened in 1970 in Seattle Washington. The demand for its coffee grew and Starbucks added more than 6,000 stores located in over 30 countries. In its more than 30 year history, Starbucks has never given out coupons for its coffee. Starbucks had only to make its coffee and customers came. Recently consumer quality perception of the Starbucks brand has started to fall. Starbucks started a consumer-response blog to learn more about what consumers expect from Starbucks. One of the most frequent requests was for a customer rewards program. In response Starbucks has started the Starbuckscard rewards which offers free refills on brewed coffee, free beverage with whole bean purchase, beverage customization and free Wi-Fi. Starbucks also put coupons in a
national newspaper for those consumers who love coupons and created a new brew of coffee for those who prefer a milder coffee taste. Starbucks is hoping with these improvements will restore customers' loyalty and confidence.Refer to Starbucks. The fact that management realized that coffee drinkers had different needs whether be using coupons, wanting a milder brew of coffee or free Wi-Fi shows that Starbucks is now using a _____ oriented approach. A. sales B. market C. production D. societal E. product