The collapse of the Eastern block has retarded the growth of a world culture

Indicate whether the statement is true or false


FALSE

Business

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What is the difference between par value and market value? Which is the better indicator of the true worth of the stock?

Business

While formulating marketing strategy, companies such as Amway, Tupperware, and Mary Kay Cosmetics differentiate on the basis of:

A) retail sales as opposed to door-to-door. B) door-to-door as opposed to retail sales. C) retail sales as opposed to mass marketing. D) mass marketing as opposed to customized marketing.

Business

The following income statements are provided for two companies operating in the same industry:  FelixCompanyJinxCompanyRevenue $200,000   $200,000  Variable costs  (25,000)   (70,000) Contribution margin  175,000    130,000  Fixed costs  (70,000)   (25,000) Net income $105,000   $105,000   Assuming sales increase by $1,000, select the correct statement from the following:

A. Only Felix will experience an increase in profit. B. Felix's net income will be more than Jinx's.  C. Felix's net income will increase by $250. D. Jinx's net income will increase by 6%.

Business

____________________ expenses are all the costs associated with doing business, except the cost of goods or services, and ____________________ expenses are the costs incurred in marketing and distributing the firm’s goods or services.

Fill in the blank(s) with the appropriate word(s).

Business