The Built-Rite mowing company has been selling its lawnmowers to retail outlets for years. The company has decided it wants to tap into new markets, so it is looking to sell its mowing tractors to county institutions for mowing grass along public highways. If the county institutions purchase the Built-Rite mowers, it would be an example of
A. a new buy.
B. a straight rebuy.
C. a first buy.
D. an institutional buy.
E. a modified rebuy.
Answer: A
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Expenses that change on a per-unit basis when production volume increases or decreases are known as ________
A) variable costs B) manufacturing overhead costs C) marketing and sales expenses D) indirect costs E) operating costs
The receipt of dividends from an investee would be classified as ____________________ activities in the statement of cash flows
Fill in the blank(s) with correct word
[The following information applies to the questions displayed below.] Chase Co. uses the perpetual inventory method. The inventory records for Chase reflected the following information:Jan 1Beginning Inventory300 units @ $2.30Jan 12Purchase400 units @ $2.10Jan 18Sales500 units @ $3.80Jan 21Purchase300 units @ $2.40Jan 25Purchase100 units @ $2.20Jan 31Sales450 units @ $3.80Assuming Chase uses a FIFO cost flow method, what is the ending inventory on January 31?
A. $345 B. $340 C. $1,020 D. $330
Free-Flo Pipes & Plumbing Corporation is a private employer involved in an employment discrimination suit under the Civil Rights Act. Punitive damages may be recovered against Free-Flo only if the employer? A) acted with malice or reckless indifference
B) can easily afford to pay the amount.? C) has one hundred or more employees. D) consents.