Relatively few new product ideas, perhaps only 1 in 250, become successfully marketed products

Indicate whether the statement is true or false


TRUE

Business

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The balance of the income summary account of a corporation is transferred to which of the following accounts?

a. Capital Stock b. Cash c. Premium on Sale of Capital Stock d. Retained Earnings

Business

Answer the following statements true (T) or false (F)

1.Assume 1990 to be the base year. If by the end of 2004 a country's export price index rose from 100 to 130 while its import price index rose from 100 to 115, its terms of trade would equal 113. 2.Assume 1990 to be the base year. If by the end of 2004 a country's export price index rose from 100 to 140 while its import price index rose from 100 to 160, its terms of trade would equal 120. 3.Assume 1990 to be the base year. If by the end of 2004 a country's export price index rose from 100 to 125 while its import price index rose from 100 to 125, its terms of trade would equal 100. 4.The commodity terms of trade is found by dividing a country's import price index by its export price index. 5.For the commodity terms of trade to improve, a country's export price index must rise relative to its import price index over a given time period.

Business

All of the following are ways that managers use managerial information except

A) to evaluate the company's stock performance B) to evaluate the performance of a company's operations C) to support long-term planning decisions D) to determine the cost of manufacturing a product

Business

MRO supplies are generally purchased through a ________.

A. transactional purchase B. new purchase C. contractual rebuy D. modified rebuy E. straight rebuy

Business