Applying age as a basis to identify customers is unethical, as it involves stereotyping.
Answer the following statement true (T) or false (F)
False
Applying age as a basis to identify consumers is quite useful to marketers, as long as it is used in conjunction with other consumer characteristics.
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Authorized stock represents the
a. maximum number of shares that can be issued. b. number of shares that have been sold. c. number of shares that are currently held by stockholders. d. number of shares that have been repurchased by the corporation.
In recent years, providing good customer service has become a top priority for many American businesses
Indicate whether the statement is true or false.
A(n) ________ is a statutory lien given to workers who furnish services or materials for personal property in the ordinary course of business
A) super-priority lien B) floating lien C) artisan's lien D) judgment lien
Memphis Company anticipates total sales for April, May, and June of $800,000, $900,000, and $950,000 respectively. Cash sales are normally 25% of total sales. Of the credit sales, 30% are collected in the same month as the sale, 65% are collected during the first month after the sale, and the remaining 5% are not collected. Compute the amount of cash received from credit sales during the month of May.
A. $592,500. B. $890,000. C. $652,500. D. $817,500. E. $561,500.