Indiana Wood can be best classified as a(n) ________
A) full-service retailer
B) industrial distributor
C) self-service retailer
D) warehouse club
E) limited-service retailer
A
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An integral component of any differentiated marketing strategy is _____
a. a unique set of product/service offerings to each customer group b. an overall company-based integrated strategy c. coordination of retailing strategy across units d. geographic differentiation to meet customer needs
If a steel company acquired an iron mining company, it would be a vertical merger
Indicate whether the statement is true or false
If the values in a control chart follow a pattern (instead of being random), then ______.
a. we can say that a special cause is present b. the process is within control c. the operator is out of control d. there is excessive common cause variation
Dilly Farm Supply is located in a small town in the rural west. Data regarding the store's operations follow:•Sales are budgeted at $290,000 for November, $310,000 for December, and $210,000 for January. •Collections are expected to be 65% in the month of sale and 35% in the month following the sale. •The cost of goods sold is 80% of sales. •The company desires to have an ending merchandise inventory at the end of each month equal to 70% of the next month's cost of goods sold. Payment for merchandise is made in the month following the purchase. •Other monthly expenses to be paid in cash are $21,100. •Monthly depreciation is $21,000. •Ignore taxes. Balance SheetOctober 31Assets Cash$25,000Accounts receivable 77,000Merchandise inventory 162,400Property, plant
and equipment, net of $624,000 accumulated depreciation 1,026,000Total assets$1,290,400 Liabilities and Stockholders' Equity Accounts payable$239,000Common stock 740,000Retained earnings 311,400Total liabilities and stockholders' equity$1,290,400?The difference between cash receipts and cash disbursements for December would be: A. $38,700 B. $13,700 C. $46,600 D. $19,200