Kelly Greene bought a new dining set for a total purchase price of $3,954.75. The state has a 6.15% sales tax. What was the amount of sales tax? (Round your answer to the nearest cent if necessary)
$229.13
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When projecting operating expenses it is important to determine the mix of fixed and variable costs, one clue suggesting the presence of fixed costs is
a. the percentage change in cost of goods sold in prior years is significantly greater than the percentage change in sales. b. the percentage change in cost of goods sold in prior years is significantly less than the percentage change in sales. c. low capital intensity in the production process. d. the percentage change in sales in prior years is significantly greater than the percentage change in receivables.
Which of the following is true of the product life cycle (PLC)?
A) All products generally go through all five stages of the PLC. B) All products pass through the stages of PLC in the same order. C) It is generally difficult to forecast the sales level at each PLC stage. D) The PLC concept can be applied to styles but not to fashions and fads. E) Product forms have longer life cycles than product classes.
Notes payable
A) are promissory. B) involve debt to many creditors. C) are secured by real property. D) All of these choices.
____________ create value by solving clients’ problems through the direct application of expert knowledge.
a. HR managers b. Strategic human resources c. Knowledge-intensive firms d. Virtual organizations