"To increase the product assortment purchased by current customers by two percent during the next three months," is an example of a(n):
A. derived demand.
B. future product quotient.
C. market quota.
D. account objective.
E. net product forecast.
Answer: D
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"Improving skills among contact employees" is an effective customer-defined service standard.
Answer the following statement true (T) or false (F)
On November 12, Higgins, Inc., a U.S. Company, sold merchandise on credit to Kagome of Japan at a price of 1,500,000 yen. The exchange rate was $0.00837 on the date of sale. On December 31, when Higgins prepared its financial statements, the exchange rate was $0.00843. Kagome paid in full on January 12, when the exchange rate was $0.00861. On January 12, Higgins should prepare the following journal entry:
A. Debit Cash $12,915; credit Accounts Receivable-Kagome $12,645; credit Foreign Exchange Gain $270. B. Debit Cash $12,915; credit Accounts Receivable-Kagome $12,645; credit Foreign Exchange Gain $90. C. Debit Cash $12,555; debit Foreign Exchange Loss $360; credit Accounts Receivable-Kagome $12,915. D. Debit Cash $12,915; credit Accounts Receivable-Kagome $12,555; credit Foreign Exchange Gain $360. E. Debit Cash $12,645; debit Foreign Exchange Loss $90; credit Accounts Receivable-Kagome $12,915.
The computers that perform the server function usually have more memory and larger, faster disk drives than the client computers they serve
a. True b. False Indicate whether the statement is true or false
The two-factor model on a stock provides a risk premium for exposure to market risk of 12%, a risk premium for exposure to silver commodity prices of 3.5%, and a risk-free rate of 4%. The beta for exposure to market risk is 1, and the beta for exposure to commodity prices is also 1. What is the expected return on the stock?
A. 11.6% B. 13% C. 15.3% D. 19.5%