When stock is issued for noncash assets or services, the dollar amount to be recorded for this exchange is determined by the

A) treasurer of the corporation.
B) par value of the stock.
C) market value of the stock or the market value of the consideration received, whichever is greater.
D) market value of the stock or the market value of the consideration received when the market value of the stock cannot be determined.


D

Business

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Gilron Holidays runs a premium membership club that caters to customers whose annual salary exceeds $100,000. Members of this club are offered seasonal discounts on select luxury hotels in select cities worldwide

Gilron Holidays most likely follows a(n) ________ segmentation approach. A) gender B) income C) occasion D) benefit E) geographic

Business

______ is relatively minor information about the self. On your personal profile, this information would include things such as your music interests or favorite movies.

a. Virtuality b. Social media c. Computer-mediated communication d. Peripheral information

Business

If a firm's net income does not change as its volume changes, the firm('s)

a. must be in the service industry. b. must have no fixed costs. c. sales price must equal $0. d. sales price must equal its variable costs.

Business

Companies such as Burger King no longer use cartoon characters to promote products such as burgers and fries because the characters do not retain popularity among young children for very long.

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

Business