Sportware, a leading shoe manufacturer, markets sneakers under the brand name "Athletix" and dress shoes under the brand name "Cameo" in order to target the two different market segments
What branding strategy is most likely being used by Sportware?
A) brand extensions
B) line extensions
C) multibrands
D) new brands
E) co-brands
C
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On January 1, 2016, a corporation had 10,380 shares of common stock outstanding, and on June 1, it reacquired 6,000 shares. Despite a net loss for the year of $180,000, the company declared and paid cash dividends of $24,000 and $28,000 on common and preferred stock, respectively. What was the earnings per share for 2016?
A) ($33.72) B) ($30.23) C) ($22.10) D) ($18.60)
In addition to regular Alka-Seltzer, there is an Alka-Seltzer product for each of the following: cold sufferers, people with upset stomachs, people who can't sleep, people with allergies, and people who have a severe headache
The manufacturer of Alka-Seltzer is using a(n) ________ to reach as many different target markets as possible. A) full line strategy B) downward line stretch C) cannibalization strategy D) undifferentiated strategy E) upward line stretch
A company uses the percent of sales method to determine its bad debts expense. At the end of the current year, the company's unadjusted trial balance reported the following selected amounts: Accounts receivable$365,000?debitAllowance for uncollectible accounts 600?debitNet Sales 810,000?credit All sales are made on credit. Based on past experience, the company estimates that 0.4% of net credit sales are uncollectible. What amount should be debited to Bad Debts Expense when the year-end adjusting entry is prepared?
A. $2060 B. $3840 C. $2640 D. $3240 E. $860
________ rate of interest is the actual rate charged by the supplier and paid by the demander of funds
A) Nominal B) Real C) Risk-free D) Inflationary