Legally astute management teams typically wait until later in the strategic development to bring counsel in and evaluate legal considerations
a. True
b. False
Indicate whether the statement is true or false
False
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Under the perpetual inventory system, cost of goods sold is not recorded until the end of the accounting period
Indicate whether the statement is true or false
Blossoms Inc, a local florist, is considering replacing its current refrigerator used for storing flowers with a larger one. The estimated cost of the new refrigerator will be $30,000. Using a discount rate of 15%, the company calculates a net present value for the new refrigerator of $6,000. Based on this information, which of the following statements is true?
A) If the actual cost of the new refrigerator ends up being greater than $36,000, the net present value will become negative. B) If the actual cost of the new refrigerator ends up being less than $36,000, the net present value will become negative. C) If the actual cost of the new refrigerator ends up being $30,000, the actual rate of return is equal to 15%. D) If the actual cost of the new refrigerator ends up being less than $30,000, the company should not make the investment.
Marketers rely on social media to achieve three objectives: members promoting themselves to gain more friends, sites promoting to get more members, and
A. members paying to view sites. B. outside companies promoting their products and services to appeal to potential customers. C. outside companies promote to the social media site to gain potential customers. D. members promoting sites to gain more friends. E. potential customers paying to view sites.
A requirement for a frequency distribution is that the set of classes must be mutually exclusive. This means that
a. the set of classes must include all possible data values. b. a given data value can fall into only one class. c. the classes must have equal widths. d. classes must have an upper limit. e. classes must have a lower limit.