A business has a market demand of 300,000 units at a market share of 20%. The price per unit and variable cost per customer are $25 and $10, respectively
If the net marketing contribution of the business is $450,000, calculate the total marketing and sales expenses incurred by the business.
A) $250,000
B) $160,000
C) $520,000
D) $300,000
E) $450,000
E
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Technology transfer agreements:
A. protect "distinctive" or "famous" marks from unauthorized uses only when confusion is likely to occur. B. permit a company to quickly penetrate a foreign market without incurring the substantial financial and legal risks associated with direct investment. C. assert that priority of trademark rights in the United States depends upon the priority of use anywhere else in the world. D. prevent an intellectual property owner from granting to another the right to use protected technology in return for some form of compensation.
When GlaxoSmithKline sponsored a weight-loss community in preparation for the launch of its first weight-loss drug, Alli, which of the following was the key benefit of the online community?
A) Consumers did not have commercial interests or company affiliations. B) Democratization of innovation for lowest-common denominator solutions. C) Two-way information flow led to useful, hard-to-get customer information and insights. D) A point of contact for product recalls. E) One-way communication with customers.
Stiller Company, an 80% owned subsidiary of Leo Company, purchased land from Leo on March 1, 2017, for $75,000. The land originally cost Leo $60,000. Stiller reported net income of $125,000 and $140,000 for 2017 and 2018, respectively. Leo uses the equity method to account for its investment.On a consolidation worksheet, having used the equity method, what adjustment would be made for 2018 regarding the land transfer?
A. Debit investment in Stiller for $15,000. B. Credit retained earnings for $15,000. C. Debit retained earnings for $50,000. D. Debit retained earnings for $15,000. E. Credit retained earnings for $50,000.
People tend to view the world in a self-serving manner and define the rational thing to do or a fair outcome or process in a way that benefits themselves.
Answer the following statement true (T) or false (F)