The product selection process is often referred to as "product configuration."
Indicate whether the statement is true or false
TRUE
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Which practitioner is credited as being the first to realize the fallacy of publicity unsupported by good deeds, was among the first to use the "handout" (press release) on a large scale,
and had great impact on the practice by issuing a "Declaration of Principles" in 1906? A. George Creel D. Carl Byoir B. Edward Bernays E. Ivy Lee C. John W. Hill
Medina Corporation has provided the following financial data:Balance SheetDecember 31, Year 2 and Year 1AssetsYear 2Year 1Current assets: Cash$271,000 $190,000 Accounts receivable, net 215,000 190,000 Inventory 117,000 100,000 Prepaid expenses 25,000 30,000 Total current assets 628,000 510,000 Plant and equipment, net 726,000 800,000 Total assets$1,354,000 $1,310,000 Liabilities and Stockholders' Equity Current liabilities: Accounts payable$198,000 $170,000 Accrued liabilities 58,000 60,000 Notes payable, short term 102,000 90,000 Total current liabilities 358,000 320,000 Bonds payable 140,000 140,000 Total liabilities 498,000 460,000 Stockholders' equity: Common stock, $5 par
value 500,000 500,000 Additional paid-in capital 80,000 80,000 Retained earnings 276,000 270,000 Total stockholders' equity 856,000 850,000 Total liabilities & stockholders' equity$1,354,000 $1,310,000 Income StatementFor the Year Ended December 31, Year 2Sales (all on account)$1,280,000 Cost of goods sold 840,000 Gross margin 440,000 Operating expenses 413,692 Net operating income 26,308 Interest expense 14,000 Net income before taxes 12,308 Income taxes (35%) 4,308 Net income$8,000 Dividends on common stock during Year 2 totaled $2,000. The market price of common stock at the end of Year 2 was $1.49 per share.Required:a. What is the company's times interest earned ratio for Year 2?b. What is the company's debt-to-equity ratio at the end of Year 2?c. What is the company's equity multiplier at the end of Year 2?d. What is the company's net profit margin percentage for Year 2?e. What is the company's gross margin percentage for Year 2?f. What is the company's return on total assets for Year 2?g. What is the company's return on equity for Year 2?h. What is the company's earnings per share for Year 2?i. What is the company's price-earnings ratio for Year 2?j. What is the company's dividend payout ratio for Year 2?k. What is the company's dividend yield ratio for Year 2?l. What is the company's book value per share at the end of Year 2? What will be an ideal response?
Beth recently purchased a mood lighting system for her apartment and a new sailboat. She financed the purchases with WiBy Finance Co Under the Code, these items are classified as:
A) consumer goods. B) equipment. C) inventory. D) real property.
As products enter the growth stage of the product life cycle, prices generally begin to stabilize.
Answer the following statement true (T) or false (F)