In Gieseke v. IDCA, Gieseke formed a company to compete with his old employer and worked with one of the former owners of his old employer in the new company. His former employer moved some of the equipment of the new company and changed its mailing address without permission of Gieseke or his partner. When Gieseke sued, the courts held that the former employer had interfered with prospective
business relations.
a. True
b. False
Indicate whether the statement is true or false
True
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Kehler Corporation wished to market a new product for $2.00 a unit. Fixed costs to manufacture this product are $100,000 . The contribution margin is 40 percent. How many units must be sold to realize net income of $100,00 . from this product?
a. 200,000 b. 250,000 c. 300,000 d. 350,000
Delia's is a clothing retailer that targets teenage girls. It runs coordinated promotions for its catalogs, its website, and its retail outlets
Delia's works to make sure its public relations activities as well as its sales promotions harmonize with its advertising in all venues. From this information, you can infer that Delia's is using ________. A) viral marketing B) stealth marketing C) integrated marketing communication D) word-of-mouth marketing E) database marketing
Which of the following accounts would be closed at the end of the accounting period with a debit?
A. Operating Expenses. B. Cost of Goods Sold. C. Sales. D. Sales Discounts. E. Sales Returns and Allowances.
When calculating the break-even point in a multi-product environment, which of the following pieces of information would not be relevant?
A) Contribution margin per unit for each type of product B) Each product's percentage of total sales C) Total fixed costs D) Fixed costs per unit