When the Edgewater Hotel & Resort develops a marketing campaign aimed to attract business customers, institutions, and organizations that need a location to hold 2 to 4 day conferences, the type of segmentation approach being used was:

A) demographics
B) product usage
C) type of business
D) customer value


B

Business

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Netflix knows, for example, that twenty-something males have viewing habits that many people would associate with 70-year-old females, and vice versa

Indicate whether the statement is true or false

Business

Eco-Eliminator Manufacturing produces a chemical pesticide and uses process costing. There are three processing departments—Mixing, Refining, and Packaging. On January 1, the first department—Mixing—had no beginning inventory. During January, 41,000 fl. oz. of chemicals were started in production. Of these, 32,000 fl. oz. were completed, and 9000 fl. oz. remained in process. In the Mixing Department, all direct materials are added at the beginning of the production process, and conversion costs are applied evenly throughout the process. The weighted-average method is used.

At the end of January, the equivalent unit data for the Mixing Department were as follows:

In addition to the above, the cost per equivalent unit were $1.80 for direct materials and $5.25 for conversion costs. Using this data, calculate the cost of the units that were transferred out of the Mixing Department and into the Refining Department.
A) $168,000
B) $110,400
C) $225,600
D) $57,600

Business

A salt mine you inherited will pay you $25,000 per year for 25 years, with the first payment being made today. If you think a fair return on the mine is 7.5%, how much should you ask for it if you decide to sell it?

A. $284,595 B. $299,574 C. $314,553 D. $330,281 E. $346,795

Business

Safron threatens physical harm¾"you don't want anything to happen to you or your family"¾to force Tivoli to sell his business, Umbrellas Unlimited, Inc., to Safron for a below-market price. This is

A. a mistake of value. B. duress. C. fraud. D. undue influence.

Business