Firms should report a loss due to write-down of inventory in the cost of goods sold account on the income statement
a. True
b. False
Indicate whether the statement is true or false
False
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An appreciation in the value of the U.S. dollar against the British pound would tend to
a. discourage the British from buying American goods. b. discourage Americans from buying British goods. c. increase the number of dollars that could be bought with a pound. d. discourage U.S. tourists from traveling to Britain.
Bluetooth is gaining popularity in Europe compared to Wi-Fi due to all but one of the following advantages:
A) less power consumption. B) well suited to use with cell phones. C) works over shorter distances. D) can be used in automobiles. E) can be incorporated into home appliances.
Which of the following is a trade sales promotion technique that involves rewarding retailers or wholesalers with discounts or payments for promoting a product to consumers?
A) trade allowance B) trade exhibit C) loyalty program D) trade premium E) trade coupon
____________ outside peak demand periods poses a serious problem for service industries with ____________, like hotels
a. Low demand; high fixed costs b. Low demand; low fixed costs c. High demand; high fixed costs d. High demand; low fixed costs e. High demand; low variable costs