Richard is a technical analyst at a marketing firm. He is highly regarded by his peers and supervisors who always seek his advice while making important decisions for the company. In this scenario, Richard can be classified as a(n) _____.
A. capital good
B. human resource
C. entrepreneur
D. natural resource
Answer: B
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A stand-alone visual display of data is called a(n) _____
A) chart B) table C) native file D) infographic E) report deck
Examples of the kinds of external forces listed in the text are each of the following except
A. technological. B. legal. C. labor. D. production. E. competitive.
Paulette goes to an appliance store to purchase a refrigerator. After comparing the technical features, prices, and durability of the various brands of refrigerators available, she purchases the cheapest and smallest in size. In this case, Paulette has purchased a _____.
A. shopping product B. business product C. specialty product D. convenience product
Capes Corporation is a wholesaler of industrial goods. Data regarding the store's operations follow:•Sales are budgeted at $390,000 for November, $360,000 for December, and $340,000 for January. •Collections are expected to be 85% in the month of sale and 15% in the month following the sale. •The cost of goods sold is 80% of sales. •The company desires an ending merchandise inventory equal to 40% of the cost of goods sold in the following month. Payment for merchandise is made in the month following the purchase. •The November beginning balance in the accounts receivable account is $77,000. •The November beginning balance in the accounts payable account is $320,000. Required:a.Prepare a Schedule of Expected Cash Collections for November and December.b.Prepare a
Merchandise Purchases Budget for November and December. What will be an ideal response?