Which source of buying information is trusted by 36 percent of consumers?
A. ads on radio
B. ads in magazines
C. text ads on mobile phones
D. branded websites
E. TV program product placements
Answer: C
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The value network for the personal computer industry is not different from the value network for mainframe computers
Indicate whether the statement is true or false
Below is financial data for Computech Industries' current year. Net sales on account during year $500,000 Cost of merchandise sold during year 300,000 Accounts receivable, beginning of year 45,000 Accounts receivable, end of year 35,000 Inventory, beginning of year 90,000 Inventory, end of year 110,000 Refer to the data for Computech Industries. Based on this information, what is Computech's
number of days' sales in receivables (assuming a 360 day year)? a. 32.4 days b. 36.0 days c. 28.8 days d. 25.2 days
In periods of rising purchase prices and increasing inventory quantities, LIFO results in a _____ than either FIFO or the weighted-average cost-flow assumption
a. higher cost of goods sold; lower reported periodic income; lower current income taxes b. lower cost of goods sold; lower reported periodic income; lower current income taxes c. higher cost of goods sold; higher reported periodic income; lower current income taxes d. higher cost of goods sold; higher reported periodic income; higher current income taxes e. a lower cost of goods sold; higher reported periodic income; higher current income taxes
Under a defined contribution health care plan the employer provides the employee money to purchase health care benefits
Indicate whether the statement is true or false.