Autocratic decisions are made using available information at the time

Indicate whether the statement is true or false


TRUE

Business

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Market skimming makes sense when a product's quality and image support its higher price, and enough buyers want the product at that price

Indicate whether the statement is true or false

Business

The ________ style of advertising shows ordinary people clearly using a product in a normal setting

A) personality symbol B) slice of life C) mood or image D) testimonial evidence E) technical expertise

Business

In 2014, Climber Corporation issued for $110 per share, 18,000 shares of $100 par value convertible preferred stock. One share of preferred stock may be converted into three shares of Climber's $30 par value common stock at the option of the preferred shareholder. On December 31 . 2015, all of the preferred stock was converted into common stock. The market value of the common stock at the

conversion date was $40 per share. What amount should be credited to the common stock account on December 31 . 2015? a. $1,620,000 b. $1,800,000 c. $1,318,000 d. $1,960,000

Business

Vertical white spaces that separate columns of text are called

A) Rows. B) Gutters. C) Dividers. D) None of the above.

Business