A ________ strategy continues to raise prices slowly with expected decreases in volume until the business has exited the market
A) diversify growth
B) harvest price
C) divest market
D) reduce-market-focus
E) monetize cash flow
B
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Lakeland Corporation reported the following pretax (and taxable) information for 2016: Income from continuing operations $550,000 Loss on disposal of Segment B 45,000 Prior period adjustment-Depreciation was understated in 2015 15,000 Gain from operations of discontinued Segment B 35,000 Income tax rate 35% ? Required: a.Prepare the lower portion of Lakeland's 2016 income statement, beginning with pretax income for continuing operations. (Omit the heading.)b.Prepare Lakeland's 2016 statement of retained earnings, assuming that retained earnings at January 1, 2016, was $750,000 and the company paid $45,000 of dividends in 2016. (Omit the heading.)
What will be an ideal response?
Property voluntarily placed by its owner and inadvertently forgotten is abandoned property.
Answer the following statement true (T) or false (F)
Which of the following is (are) false?
A) The constant dividend payout ratio policy will result in more variability in dividends than the stable dollar dividend per share policy. B) The small, regular dividend plus a year-end extra policy pays a small, regular dividend plus a year-end extra dividend in good years. C) The stable dollar dividend per share policy seeks to maintain a relatively stable percentage dividend over time. D) The constant dividend payout ratio policy seeks to pay a constant percentage of earnings each year.
Figure 8-6Figure 8-6 above shows the market-product grid for a Wendy's restaurant next to a large urban university campus. Assume a large market (shown by a 3) is three times the size of a small market (shown by a 1) and a medium market (shown by a 2) is twice the size of a small market. The largest potential market segment consists of
A. students that are day commuters. B. faculty or staff members. C. students that live in a dormitory. D. students that live in an apartment. E. students that are night commuters.