VRM Cars is a custom car shop that buys and sells modified cars. It also provides customers with the option of adding more features to the models available in the market. In this scenario, VRM Cars deals in _____.
A. intangible goods
B. nondurable goods
C. complementary goods
D. durable goods
Answer: D
You might also like to view...
A decision rule often employed by organizations is satisficing, which means that when the buying center has identified the best possible solution, it is chosen and the search is complete
Indicate whether the statement is true or false
A growth strategy to develop an untapped new-market potential offers both high risk and the possibility of high return
Indicate whether the statement is true or false
A supply of currency and coin kept in a cash drawer for use in handling sales transactions is called
a. a petty cash fund; b. a change fund; c. cash short and over; d. any of these; e. none of these
What is the amount of dividends declared during the year?
Boston Recyclers Company uses the indirect method to prepare its statement of cash flows. Refer to the following information for 2019: 1. Retained Earnings, beginning balance, $139,000 2. Retained Earnings, ending balance, $120,000 3. There is a net loss of $15,000 for the year. A) $34,000 B) $5000 C) $4000 D) $14,000