________ is a pricing tactic a firm uses for two products that work only when used together. The firm sells one item at a very low price and then makes its profit on the second high-margin item
A) Two-part pricing
B) Price bundling
C) Captive pricing
D) Penetration pricing
E) Skim pricing
C
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The study conducted by the Association of Certified Fraud Examiners in 2008 estimated that U.S. organizations lose _____ percent of their annual revenues to fraud
a. 8 b. 7 c. 23 d. 17
Land costing $88,000 was sold for $50,000 cash. The loss on the sale was reported on the income statement as other expense. On the statement of cash flows, what amount should be reported as an investing activity from the sale of land?
A) $50,000 B) $88,000 C) $138,000 D) $38,000
Which of the following is a technique for highlighting?
A) Graphics. B) Bullets. C) Subheadings. D) All of the above.
Walter was the president of JKL, Inc JKL intended to purchase Target Co JKL's intent was not
public information, and when it became public, Target's stock would increase significantly in value. Walter bought no stock himself, but told his best friend of JKL's plan, and his friend bought 1,000 shares of Target Co Ten months later, when the merger was publicly announced, the friend sold Target's stock and made a large profit. Several stockholders of Target sue Walter and his friend under the provisions of the Securities Acts. What results? A) The friend has violated no law, because this nonpublic information is not considered material. B) The friend has violated no law, since the friend is not an insider. C) Walter has violated no law, since Walter did not purchase any stock. D) Both Walter and his friend have violated Rule 10b-5. E) Both Walter and his friend have violated the Securities Act of 1933.