Which of the following actions is suggested for finding a mentor?
a. send out a letter to influential people asking if they will be your mentor
b. consider who in your personal network knows you best
c. let people know at networking events that you are looking for a mentor
d. look for directories of mentors in one of the major networking organizations
b. consider who in your personal network knows you best
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Market segmentation identifies specific groups of consumers or businesses based on needs, attitudes, and interests
Indicate whether the statement is true or false
Aleve Company purchased inventory on credit. The effect of this transaction is that the
a. earnings per share decreased b. working capital increased c. debt-to-equity ratio increased d. earnings per share increased
Network protocols fulfill all of the following objectives except
a. facilitate physical connection between network devices b. provide a basis for error checking and measuring network performance c. promote compatibility among network devices d. result in inflexible standards
Calculate total budgeted selling and administrative expenses for the month of January.
Pearl, Inc. has prepared the operating budget for the first quarter of the year. The company forecast sales of $45,000 in January, $55,000 in February, and $65,000 in March. Variable and fixed selling and administrative expenses are as follows: Variable Expenses: Power cost (20% of sales) Miscellaneous expenses: (10% of sales) Fixed Expenses: Salaries expense: $6000 per month Rent expense: $5000 per month Depreciation expense: $1400 per month Power cost/fixed portion: $600 per month Miscellaneous expenses/fixed portion: $1200 per month A) $27,700 B) $33,700 C) $13,500 D) $30,700