The use of e-wallets is restricted to nonportable devices
Indicate whether the statement is true or false
False
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Verilux Company sold merchandise to Flight Corp on November 1, 2014, for $10,000 . Verilux accepted a promissory note from Flight Corp for $10,000 . The note has a term of 5 months and a stated interest rate of 7%. Verilux's accounting period ends on December 31, 2014 . What amount should Verilux recognize as interest revenue on December 31, 2014?
a. $ -0- b. $ 116.67 c. $ 291.67 d. $ 280.00
Wesley is interested in incorporating research-based recommendations on how to use monetary rewards effectively. Which of the following is an implementation guideline for the principle of “maintain justice in the reward system”?
A. ensure pay levels vary significantly based on performance levels B. distribute reward points that can later be traded for cash, goods, or services C. only promise rewards that are available D. specify what employees are expected to do, as well as what they should refrain from doing
Briefly explain why such promotional activities as advertising, personal selling and trade promotions do not qualify as MPR
What will be an ideal response?
Thornbrough Corporation produces and sells a single product with the following characteristics: Per UnitPercent of SalesSelling price$220 100%Variable expenses 44 20%Contribution margin$176 80%The company is currently selling 7,000 units per month. Fixed expenses are $901,000 per month.The marketing manager believes that a $28,000 increase in the monthly advertising budget would result in a 190 unit increase in monthly sales. What should be the overall effect on the company's monthly net operating income of this change?
A. increase of $5,440 B. increase of $33,440 C. decrease of $28,000 D. decrease of $5,440