Infomercials are
A. a part of specialty advertising.
B. those ads that appear only in print media.
C. always televised during off-viewing hours.
D. ads that use both one- and two-step approaches.
E. primarily designed to sell products that are classified as trends.
Answer: D
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Which of the following is true of cumulative voting?
A. Each shareholder votes the number of shares he or she owns on candidates for each of the positions open for election. B. A majority shareholder always elects the entire board of directors. C. The cumulative voting method always applies to elections for the board of directors. D. A minority shareholder has a better opportunity to elect someone to the board of directors.
Barclay Bikes manufactures and sells three distinct styles of bicycles: the Youth model sells for $300 and has a unit contribution margin of $105; the Adult model sells for $850 and has a unit contribution margin of $450; and the Recreational model sells for $1,000 and has a unit contribution margin of $500. The company's sales mix includes: 5 Youth models; 9 Adult models; and 6 Recreational models. If the firm's annual fixed costs total $6,500,000, calculate the firm's selling price per composite unit.
A. $13,200. B. $7,575. C. $1,950. D. $15,150. E. $1,255.
Comparative financial statements in which each individual financial statement amount is expressed as a percentage of a base amount are called:
A. Asset comparative statements. B. Percentage comparative statements. C. Common-size comparative statements. D. General-purpose financial statements. E. Sales comparative statements.
In step one of the training process, we conduct a _________ to determine what training is necessary to improve performance.
A. needs assessment B. return on investment C. metrics analysis D. quarterly audit E. training audit