A marketer is most likely to set prices according to a cash-flow objective when a
A. trial-and-error approach to the market is acceptable.
B. certain market share must be maintained.
C. quick return on investment is desired.
D. higher price is acceptable to the firm.
E. product is expected to have a long life cycle.
Answer: C
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The profit-and-loss-sharing ratio among Simonsen, Paulson, and Richardson is 1:3:2, in the order given. Paulson is retiring from the partnership on December 31, 2017. Paulson is paid $230,000 cash in full compensation for her capital account balance. Which of the following is TRUE of the journal entry prepared at the time of retirement? (Round the final answer to the nearest dollar.)
Simonsen, Paulson, and Richardson are partners in a firm with the following capital account
balances:
A) Debit Paulson's capital account by $230,000.
B) Debit Richardson's capital account by $35,000.
C) Debit Simonsen's capital account by $23,333.
D) Debit Income Summary by $70,000.
A hacker is someone who uses one computer to break into another
a. True b. False Indicate whether the statement is true or false
You could borrow money from friends and family who would like to invest in your business, or you could offer them ________.
A. equity B. a bonus C. debt D. a job
Jane is offered a pension plan through her employer. The plan agrees that if she will deposit 6% of her salary to a retirement account, the employer will deposit a matching amount
When Jane retires, whatever money is in the account will belong to her. What is the proper name for this type of pension plan? A) A vested pension plan B) A defined contribution plan C) A defined benefit plan D) A tax-deferred savings plan (401(k))