In the BCG (Boston Consulting Group) matrix, a business that has a weak market share in an industry characterized by high market growth is called a:
A. question mark.
B. cash cow.
C. star.
D. dog.
Answer: A
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A note receivable can be sold to a financial institution to secure cash before the maturity date. This type of transaction is called discounting the note receivable
Indicate whether the statement is true or false
A production report provides information about the physical units processed in a department and also about the manufacturing costs associated with them
Indicate whether the statement is true or false
A professional investor who invests for large groups or organizatins such as pension funds or mutual funds is called a/n __________ investor.
a. wholesale b. assets c. broker d. institutional e. track
Justin Company's budget includes the following credit sales for the current year: September, $25,000; October, $36,000; November, $30,000; December, $32,000. Credit sales are collected as follows: 15% in the month of sale, 60% in the first month after sale, 20% in the second month after sale, and 5% is uncollectible. How much cash can Justin expect to collect in November as a result of current and past credit sales?
A. $28,500. B. $33,900. C. $30,000. D. $19,700. E. $31,100.