A new-buy situation refers to the:
A. setting of new standards for current vendors
B. establishment of a new buying center
C. resolution of new conflict between buyer and seller
D. search for replacement vendors for standard, currently used parts
E. purchase of a product or service when a new demand arises
Answer: E
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How much is the gross profit?
Refer to the following trial balance.
=
A) $103,000
B) $95,000
C) $97,000
D) $99,000
According to current GAAP, cash flow per share statistics
A) are required disclosures only if EPS information is disclosed. B) are not allowed disclosures. C) are required disclosures for the direct method only. D) are required disclosures in all situations.
Which of the following are specialized documents used to share relevant information with the news media?
A) Press releases B) Direct to consumer news releases C) Social media releases D) External releases E) Internal releases
A preferred stock is expected to pay a $0.75 dividend every quarter indefinitely. If the required rate of return is 10% with quarterly compounding, what formula in B3 can be used to determine the value of this stock?
a) =B1/B2/4
b) =B1/B2
c) =B1/(B2/4)
d) =B1*4/(B2/4)
e) =B1/(B3/4)