Which of the following is true of the product life cycle?
A) In the early stages of the product life cycle, the NMC is positive.
B) As the product moves into the declining stage, it reaches a break-even NMC.
C) As the market matures, flat market demand, and lowered marketing and sales expenses results in higher NMCs.
D) At a break-even NMC, the gross profit is equal to the marketing and sales expenses.
E) At the early growth stage, the annual NMCs grow and eventually peak.
D
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Which internally generated document should be compared to the supplier's invoice to verify the price of an item?
One of the two purposes of laws governing businesses in the United States is to make sure that businesses compete fairly with each other
Indicate whether the statement is true or false
Cost-volume-profit analysis is based on certain general assumptions. Which of the following is not one of these assumptions?
A. The efficiency and productivity of the production process and workers will change to reflect manufacturing advances. B. Product prices will remain constant as volume varies within the relevant range. C. Costs can be categorized as fixed, variable, or semivariable. D. Total fixed costs remain constant as activity changes. E. Unit variable cost remains constant as activity changes.
Laurel Speckle received a check from State University. She indorsed the check as follows: "For Deposit only, /s/ Laurel Speckle." Laurel's indorsement is a(n)
a. blank indorsement. b. special indorsement. c. restrictive indorsement. d. improper indorsement.