In the general environment, which of the following is not a demographic trend?

A. changes in ethnic composition
B. aging population
C. more women in the workforce
D. greater disparities in income levels


Answer: C

Business

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Maxim Computer has a 10 percent of a $250 billion market. Maxim is the low-cost leader and realizes a 20% margin on sales, and marketing, sales, and administrative expenses equaling 10% of sales. What is Maxim's net marketing contribution?

A) $250 billion B) $25 billion C) $5 billion D) $2.5 billion E) $500 million

Business

Overstating of sales in the income statement leads to:

a. decrease in inventory turnover ratio. b. decrease in EPS. c. increase in gross profit ratio. d. decrease in accounts receivable ratio.

Business

Describe an income statement and its functions

What will be an ideal response?

Business

The ________ is a general rule of corporate law that provides that generally, shareholders are liable only to the extent of their capital contributions for the debts and obligations of their corporation and are not personally liable for the debts and obligations of the corporation.

A. limited-purpose clause B. limited liability of shareholders C. preferred shareholder rule D. nonparticipating shareholder rule

Business