The primary functions of an investment asset are to increase your net worth and/or provide additional income

Indicate whether the statement is true or false.


TRUE

Business

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Carlos always buys bread and milk when he goes grocery shopping. In this case, bread and milk are examples of impulse goods

Indicate whether the statement is true or false

Business

The employees of Vintage Clothes achieved all of the sales goals for 2017. Vintage decides to reward the employees with a bonus of 20% on annual net income, after deducting the bonus. The net income before the calculation of the bonus is $312,000. What is the amount of the bonus? (Round your final answer to the nearest dollar.)

A) $62,400 B) $52,000 C) $55,059 D) $12,480

Business

The National Tree Company offers resellers half-price reductions on artificial Christmas trees if they purchase them in July. This is an example of a ________

A) functional discount B) seasonal discount C) promotional allowance D) trade-in allowance E) quantity discount

Business

Critics argue that the proliferation of new media has worsened the problem of too much media.

Answer the following statement true (T) or false (F)

Business