eBay is the predominant person-to-person trading community in the world. eBay is an example of a(n)
A. e-marketplace.
B. integrated market.
C. Webfront operation.
D. clicks-and-mortar store.
E. noncompetitive market.
Answer: A
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Trendy Calendars is a new business. During its first year of operations, credit sales were $40,000, and collections of credit sales were $36,000. One account, $650, was written off. Using the aging-of-receivables method, management calculates $200 as its estimate of uncollectible amounts at year end. Prepare the journal entry to record bad debts expense. Omit explanation.
What will be an ideal response?
Of the five core customer segments in the market for environmentally and socially responsible products, members of which group are LEAST likely to demonstrate environmentally responsible behaviors?
A) LOHAS B) Naturalites C) Drifters D) Conventionals E) Unconcerned
On January 1, 2010, Framm Corporation issued 10,000 shares of its 10%, $20 par value cumulative preferred stock. No dividends were declared by Framm in 2010 or 2011. In 2012, Framm had a profitable year and was in a strong cash position, so it declared a dividend of $200,000. How much of this dividend was paid to Framm's common stockholders?
A) $140,000 B) $160,000 C) $180,000 D) $200,000
Describe five positive team roles. How does their presence in a team help counteract negative roles that might emerge?