What is selective exposure and how can it be advantageous at times?
What will be an ideal response?
Selective exposure occurs when we expose ourselves only to beliefs, values, and ideas that are similar to our own. The advantage is that it allows us to keep negative or upsetting content at bay while keeping positive or pleasing content around.
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Markham Company has completed its sales budget for the first quarter of Year 2. Projected credit sales for the first four months of the year are shown below: January$30,000 February$36,000 March$45,000 April$48,000 The company's past records show collection of credit sales as follows: 40% in the month of sale and the balance in the following month. The total cash collection from receivables in March is expected to be:
A. $39,600. B. $18,000. C. $41,400. D. $45,000.
Why might a retailer increase the number of private-label brands it sells?
What will be an ideal response?
A business plan should illustrate
a. the current status of a related enterprise. b. the projected results of the new business. c. the desires of competitors. d. changes in borrowing practices.
In Ironite Products v. Samuels, where a major shareholder of a company disputes changes in the bylaws, the appeals court held that the bylaws of the company had been properly changed by the board of directors, so the shareholder could not complain
a. True b. False Indicate whether the statement is true or false