Samsing Inc pays $18,000 to buy stock in another company and an additional $350 in commissions. Three months later, Samsing sells the stock for $19,000 . At the time of sale, Samsing will recognize a:
a. A $650 loss
b. A $1,000 gain
c. A $350 loss
d. A $650 gain
d
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United Insurance Company specializes in term life insurance contracts. Cash collection experience shows that 30 percent of billed premiums are collected in the month before they are due, 60 percent are collected in the month they are due, and 6 percent are collected in the month following their due date. Four percent of the billed premiums are collected late (in the second month following their
due date). Total billing notices in January were $50,000; in February, $60,000; in March, $66,000; in April, $65,000; in May, $60,000; and in June, $70,000 . How much cash does the company expect to collect in May? a. $63,540 b. $66,750 c. $60,000 d. $56,000
When marketers ensure that market segments will not respond the same to different marketing strategies, they understand that market segments should be ________.
Fill in the blank(s) with the appropriate word(s).
Mary's Bakery is trying to determine what price to charge for its cookies, so Mary places a low price on them and raises it each week, keeping track of how many she sells. Then she determines what her cost was for the cookies and determines which price was the most profitable. What form of research was Mary conducting?
A. scanner-based B. a panel C. observation D. an experiment E. survey
Which theory of motivation stresses notions of distributive justice and procedural justice?
a. Achievement-motivation theory b. Hierarchy of needs theory c. Equity theory d. Two-factor theory