Which of the following is a feature of the study of the legal environment of business?

A) It is arbitrary and capricious.
B) It involves theoretical legal problems.
C) It excludes ethical considerations.
D) It is interdisciplinary.


D

Business

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Which of the following best describes the sales organization structure where the sales force sells all products marketed by a division to a single market?

A) product/product system B) market/market system C) product/market system D) product/customer system

Business

The allocation of a plant asset's cost to expense over its useful life is called ________

A) residual value B) book value C) accrued revenue D) depreciation

Business

One visual aid used in market segmentation is called the

A. heterogeneous market. B. market boundary. C. marketing grid. D. target market. E. homogenous market.

Business

You work for Whittenerg Inc., which is considering a new project whose data are shown below. What is the project's Year 1 cash flow?  Sales revenues, each year$67,000 Depreciation$8,000 Other operating costs$25,000 Interest expense$8,000 Tax rate35.0% ?

A. $33,110 B. $32,809 C. $30,100 D. $35,819 E. $27,692

Business