A list price is also referred to as a ________
A) captive price
B) bundled price
C) channel price
D) suggested retail price
E) basing-point price
D
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Fieldwork is the sixth step in the marketing research process
Indicate whether the statement is true or false
Stock categorized as trading securities is purchased for $52,000. At year end, when the market value of the stock is $61,000, the adjusting entry that would be recorded is:
A) Allowance to Adjust Short-Term Investments to Market 9,000 Unrealized Gain on Short-Term Investments 9,000 B) Unrealized Loss on Short-Term Investments 9,000 Allowance to Adjust Short-Term Investments to Market 9,000 C) Allowance to Adjust Short-Term Investments to Market 9,000 Short-Term Investments 9,000 D) Realized Gain on Investments 9,000 Short-Term Investments 9,000
Which of the following is not an example of a period expense?
a. the president's salary b. insurance for the home office c. accounting and information systems costs d. support activity costs such as legal services, employee training, and corporate planning. e. the factory foreman's salary
At an automatic car wash, cars arrive randomly at a rate of 7 every 30 minutes. The car wash takes exactly 4 minutes (this is constant). On average, how long would each driver have to wait before receiving service?
A) 28 minutes B) 32 minutes C) 17 minutes D) 24 minutes E) None of the above