Net sales is calculated by subtracting cost of goods sold from sales revenue.
Answer the following statement true (T) or false (F)
False
Net sales is calculated by subtracting sales returns, discounts, and allowances from sales revenue.
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The crowded aisles in retail stores at holiday time may cause some shoppers to lose patience and decide on their purchases with far less thought than they otherwise would due to being "harried" and uncomfortable. This situation is most closely related to which of the following situational influences?
A. spatial surroundings B. temporal effects C. purchase task D. social surroundings E. physical surroundings
A firm is considering the purchase of an asset whose stand-alone risk is greater than the average risk of its existing portfolio of assets. In evaluating this asset, the decision maker should:
A. increase the internal rate of return (IRR) used to evaluate the asset to reflect its higher risk. B. increase the asset's net present value (NPV) to reflect its higher risk. C. reject the asset because its acceptance would clearly decrease the value of the firm. D. ignore the asset's higher risk if, after purchase, it will make up only a small fraction of the firm's total assets. E. increase the required rate of return that is used to evaluate the asset to reflect its higher risk.
Good advice is to buy stocks with positive alpha values
Indicate whether the statement is true or false
Which of the following statements about a typical sales-oriented business is true?
A. The company develops its products to meet the needs of specific groups of people. B. The primary goal of the company is profit through customer satisfaction. C. The company invests the majority of its resources in promoting its products and services. D. The company is in business to satisfy customers' wants and needs and deliver superior value. E. All of these statements about a typical sales-oriented business are true.