With respect to a consumer buying situation that involves variety-seeking behavior, the market leader generally encourages variety seeking by offering lower prices or deals
Indicate whether the statement is true or false
FALSE
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?Which of the following statements is true?
A. ?Dividend payments of firms are independent of how much profit the firm is making. B. ?Stock prices of firms are independent of how much profit the firm is making. C. ??A share of stock gives an investor complete ownership of the corporation that issued the stock. D. ?A share of stock gives an investor partial ownership of the corporation that issued the stock.
Tableware Unlimited Company plans to sell china and other dining-related items over the internet. The company plans to begin business on January 1, Year 1. The company's accountant has prepared the following sales budget for the first quarter of Year 1:
In anticipation of preparing a cash budget, the accountant needs to compute the expected monthly cash collections. Because the company is new and has no collection experience of its own, the accountant contacted an industry trade group and obtained the following industry collection data:Collections on account:70% in the month of sale20% in the month following sale6% in the second month following
saleUncollectible accounts have averaged 4% of receivables. The company gives a 2% discount for payments made by customers during the month of sale. Required:Prepare a schedule of cash collections from sales by month and in total for the first quarter. What will be an ideal response?
E-commerce jewelry retailer SparklesNow announces a contest, inviting its regular online members to submit contemporary jewelry designs. Winning designs and entries are chosen based on ratings and comments from other members. SparklesNow is using ________ to get new ideas from customers.
A. an idea roll-out B. crowdsourcing C. creative resourcing D. idea magnets E. reverse engineering
A company earned $3,000 in net income for October. Its net sales for October were $10,000. Its profit margin is:
A. 33.3% B. 333%. C. 3%. D. 30%. E. 33%.