Older adults that control more than 50% of discretionary income are considered the ________ market
A) boomer
B) senior
C) millennial
D) echo boomer
B
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Dirty surplus items in U.S. GAAP typically arise from all of the following except:
a. changes in investment security fair values b. foreign currency exchange rates c. interest rates d. realized gains
A company's net worth is determined by subtracting its liabilities from its assets
Indicate whether the statement is true or false
Phil believes that the dealership should lower car prices to capture a higher share of the market. Competing on price will most likely work with which of the following car buyers?
A) a high-involvement buyer who values quality and durability B) a high-involvement buyer who is willing to research features and performance extensively C) a low-involvement buyer who has a tight budget D) a low-involvement buyer who is unwilling to purchase online E) a low-involvement buyer who asks an employee to make the buying decision
Uncollectible accounts expense is estimated to be 2 percent of net sales. Net sales for the period were $456,000 . The Allowance for Uncollectible Accounts account has a credit balance of $9,000 . The entry to record the uncollectible accounts expense is:
a. debit Allowance for Uncollectible Accounts, $120, credit Uncollectible Accounts Expense, $120. b. debit Uncollectible Accounts Expense, $120, credit Allowance for Uncollectible Accounts, $120. c. debit Allowance for Uncollectible Accounts, $9,120, credit Uncollectible Accounts Expense, $9,120. d. debit Uncollectible Accounts Expense, $9,120, credit Allowance for Uncollectible Accounts, $9,120.