Baby Boomers represent a tremendous opportunity for today's marketers. Who are the Baby Boomers? Based on their age, what might be some products that they would be interested in?
What will be an ideal response?
Baby Boomers are the post-World War II generation born between 1946 and 1964. The oldest Boomers are collecting Social Security and this generational cohort will be the largest population of 50-plus consumers in the United States. Examples will vary, but based on the age of Baby Boomers, they may likely be interested in beauty products that prevent aging, products related to health care and insurance, travel related products, and so on.
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If a new partner is given a 20% interest in the firm, the new partner will receive a 20% interest in earnings
a. True b. False Indicate whether the statement is true or false
Assume that on December 1, a $6,000, 90-day, 10 percent note receivable was received from a customer as an extension of his past-due account. The entry that would be made to record the note is:
A) Notes Receivable 6,000 Cash 6,000 B) Notes Receivable 6,000 Interest Income 6,000 C) Notes Receivable 6,000 Accounts Receivable 6,000 D) Cash 6,000 Accounts Receivable 6,000
In times of inflation the Fed would reduce the nation’s money supply through:
a. buying government bonds b. borrowing capital from foreign governments c. lowering the discount rate d. lowering the reserve requirement e. selling government bonds
Sales at East Corporation declined from $100,000 to $80,000, while net operating income declined by 300%. Given these data, the company must have had an operating leverage of:
A. 30 B. 12 C. 15 D. 2.7