Independent off-price retailers either are independently owned and run or are divisions of larger retail corporations
Indicate whether the statement is true or false
TRUE
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Which of the following considerations is most important for a stockholder when evaluating whether to purchase stock in a company?
a. Will earnings per share be distributed to stockholders? b. Will the company earn a fair return on the amount invested by the stockholders? c. Will the key ratios be reported on the balance sheet? d. Will cash flows from operations exceed the amount of net income for the period?
While comparing hotel rates on Google's search engine, Brenda came across text-based ads and links alongside the search results. This form of advertising is known as ________
A) contextual advertising B) rich media ads C) content sponsorship D) catalog advertising E) social media advertising
The design of service processes is challenging because it involves a trade-off between ______.
A. customer expectations and product price B. service provider expectations for profits and costs C. customers’ expectations and service providers’ desire for efficiency D. product price and delivery time
Barnett Products manufactures three types of remote-control devices: Economy, Standard, and Deluxe. The company, which uses activity-based costing, has identified five activities (and related cost drivers). Each activity, its budgeted cost, and related cost driver is identified below.ActivityCostCost DriverMaterial handling$225,000 Number of partsMaterial insertion 2,475,000 Number of partsAutomated machinery 840,000 Machine hoursFinishing 170,000 Direct labor hoursPackaging 170,000 Orders shippedTotal$3,880,000 The following information pertains to the three product lines for next year: Economy Standard DeluxeUnits to be produced 10,000 5,000 2,000 Orders to be shipped 1,000 500 200 Number of parts per unit 10 15 25 Machine hours per
unit 1 3 5 Labor hours per unit 2 2 2 What is Barnett's pool rate for the material-handling activity? A. $2.25 per part. B. $6.62 per labor hour. C. $13.23 per part. D. $1.00 per part. E. None of the answers is correct.