Customers can be classified into four relationship groups based on their profitability and projected loyalty. Which customer type is associated with high profitability and long-term loyalty?
A) barnacles
B) strangers
C) butterflies
D) true friends
E) cash cows
D
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Utah Co sold merchandise to Big Sky Corp on December 1, 2016, for $9,000, and accepted a promissory note for payment in the same amount. The note has a term of 90 days and a stated interest rate of 8%. Utah's accounting period ends on December 31. What is the actual maturity date of the note?
a. December 31, 2016 b. January 29, 2017 c. February 28, 2017 d. March 1, 2017
The equation for economic value added excludes operating income and current liabilities
Indicate whether the statement is true or false
Innovation and strategic entrepreneurship can only occur within new businesses.
Answer the following statement true (T) or false (F)
The money market is the market in which ________ are traded
A) new issues of securities B) previously issued securities C) short-term debt instruments D) long-term debt and equity instruments