Economic factors influence almost every marketing decision a firm makes.
Answer the following statement true (T) or false (F)
True
Economic factors influence almost every marketing decision a firm makes. Economic conditions affect consumers' willingness and ability to buy products. As a result, firms must create, communicate, and deliver value in a way that's appropriate for the current economic climate.
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The salaries of the employees of a corporation are normally distributed with a mean of $25,000 and a standard deviation of $5,000. a.What is the probability that a randomly selected employee will have a starting salary of at least $31,000?b.What percentage of employees has salaries of less than $12,200?c.What are the minimum and the maximum salaries of the middle 95% of the employees?d.If sixty-eight of the employees have incomes of at least $35,600, how many individuals are employed in the corporation?
What will be an ideal response?
The amount of sales a company predicts is a function of two types of data. Which of the types below is one of these two types?
A) Accounting data B) Internal data C) Rationing data D) Legal data
Identify which of the following statements is false.
A) The IRS issues annually a revenue procedure that prescribes how a letter ruling should be requested and the information to be contained in the ruling request. B) The request for a ruling may contain a suggested conclusion (or answer) that the taxpayer proposes that the IRS adopt in the described situation. C) As a practical consideration, taxpayers always find it preferable to obtain an advance ruling on questionable tax situations. D) Third parties may not cite private letter rulings as authority for the tax consequences of their transactions.
Beshaw Inc. has provided the following data for the month of January. There were no beginning inventories; consequently, the direct materials, direct labor, and manufacturing overhead applied listed below are all for the current month. Work In ProcessFinished GoodsCost of Goods SoldTotalDirect materials$3,440 $8,450 $61,880 $73,770 Direct labor 6,160 16,250 119,000 141,410 Manufacturing overhead applied 3,300 6,050 45,650 55,000 Total$12,900 $30,750 $226,530 $270,180 Manufacturing overhead for the month was underapplied by $7,000.The Corporation allocates any underapplied or overapplied manufacturing overhead among work in process, finished goods, and cost of goods sold at the end of the month on the basis of the manufacturing overhead applied during the
month in those accounts.The cost of goods sold for January after allocation of any underapplied or overapplied manufacturing overhead for the month is closest to: A. $220,720 B. $219,530 C. $232,340 D. $233,530