Increases in inventory and accounts receivable expected to occur if a proposed advertising
campaign is undertaken are examples of sunk costs.
Indicate whether the statement is true or false
FALSE
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Donald Yates purchased 400 shares of Adco Mutual Fund for an offer price of $3.28. He later sold the shares at a net asset value of $5.16 per share. During the time Donald owned the shares, Adco paid a dividend of $.23 three times. What was Donald's return on his investment? (Round to the nearest tenth of a percent)
What will be an ideal response?
Your closing comments are your last chance to make a good impression and fulfill the ______ of your speech.
Fill in the blank(s) with the appropriate word(s).
Mia applies for a senior accountant position in a firm. She attends the interview for the position and feels confident upon its completion. Mia thinks that she may get the job offer and wishes to compile a message of appreciation. Which of the following messages should Mia write??
A) ?A thank-you message B) ?A follow-up message C) ?A job-acceptance message D) ?A job-refusal message
Larissa is a concert promoter who works for singer Kanye West. She works very hard to make sure most of Kanye's concerts are sold out because she understands the concept of perishability, which means
A. because the concert is not tangible, customers will have a difficult time judging its quality in advance. B. the production of the concert and the consumption of the concert by the fans cannot be separated so tickets must be sold. C. a high level of interaction will exist between the customers and the musicians, which makes the customers' presence necessary. D. that if the tickets are not sold, seats will remain empty and they can never be sold to anyone again. E. that each concert is different and customers will miss a unique experience if they are not present at the concert.