The quality of earnings will be affected by which of the following?
a. Estimation of building's useful life
b. Choice of inventory method
c. Discontinued operations
d. All of these
D
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Explain the marketing program that 3M used to reach the student target market for the Post-it Flag Highlighter and the rationale used for each element of the marketing mix.
What will be an ideal response?
Explain the phrase "span of control.". What are the implications for the management reporting system of this principle?
Which statement best describes inductive reasoning?
a. It has little use in the interpretation of business research data. b. It may include non sequiturs and hasty generalizations. c. It moves from general concepts to specific facts. d. It moves from specific facts to generalizations.
A product sells for $5, and has unit variable costs of $3. This product accounts for $20,000 in annual sales, out of the firm's total of $60,000. When performing multiproduct break-even analysis, what is the weighted contribution of this product?
A) 0.133 B) 0.200 C) 0.40 D) 0.667 E) $1.667