Social media prohibits consumers' interaction with other consumers

Indicate whether the statement is true or false
a. True
b. False


ANSWER: False

Consumers are able to speak directly to other consumers, the company, and Web communities.

Business

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Jesse would never have thought that his own trademarked children's toys would be flooding a parallel market and competing against him. Now he needs to contact his attorney to see what remedy he has in order to mitigate his damages. What kind of marketing channel conflict is Jesse experiencing?

A. Marketing Channel Conflict B. Vertical Conflict C. Gray Market Conflict D. Horizontal Conflict E. Dual Conflict`

Business

The interest rate that determines the amount of cash interest the borrower pays and the investor receives each year is called the ________

A) amortization rate B) market interest rate C) stated interest rate D) discounting rate

Business

You want to go to Europe 5 years from now, and you can save $3,800 per year, beginning one year from today. You plan to deposit the funds in a mutual fund that you think will return 8.5% per year. Under these conditions, how much would you have just after you make the 5th deposit, 5 years from now?

A. $19,364.12 B. $27,244.86 C. $19,814.45 D. $22,741.58 E. $22,516.42

Business

Payne Company provided the following information relevant to its inventory sales and purchases for December Year 1 and the first quarter of Year 2:  Dec. Year 1 Jan. Year 2 Feb. Year 2 Mar. Year 2 (Actual) (Budgeted) (Budgeted) (Budgeted)Cost of goods sold$80,000  $140,000  $180,000  $120,000 Desired ending inventory levels are 25% of the following month's projected cost of goods sold. The company purchases all inventory on account. January Year 2 budgeted purchases are $150,000. The normal schedule for inventory payments is 60% payment in month of purchase and 40% payment in month following purchase.Budgeted cash payments for inventory in February Year 2 would be:

A. $159,000. B. $152,600. C. $99,000. D. $132,600.

Business