The profit margin equals
A) net sales divided by net income.
B) gross margin divided by net income.
C) net income divided by gross margin.
D) net income divided by revenues.
D
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On January 1, 2021, Nana Company paid $100,000 for 8,000 shares of Papa Company's common stock. The ownership in Papa Company is 10%. Papa reported net income of $52,000 for the year ended December 31, 2021. The fair value of the Papa stock on that date was $45 per share. What amount will be reported in the balance sheet of Nana Company for the investment in Papa at December 31, 2021?
A. $315,600. B. $300,000. C. $360,000. D. $284,400.
Alyssa was just promoted from being a front desk agent to being the front desk supervisor. She is nervous about the increased level of decision-making authority because she wants to make sure she lives up to the standards of the organization and position. Which key to implementing an empowerment program is this referring to?
a. Incentives b. Training c. Measurement d. Managerial buy-in
Which of the following is not a characteristic of the creative process?
A) Long, rather than short in duration B) Ambiguous, rather than certain and concrete C) Oriented towards defining problems rather than finding short-term fixes D) Involving simple mental models to solve bigger problems
The promotion component of the marketing mix involves:
a. pricing strategies. b. personal selling. c. product packaging. d. manufacturing strategies.