Dezine Inc. is a company that sells women's fashionable clothing through ballroom costume parties. It targets women who are too busy to go to stores to shop. The company avoids using wholesalers and retailers in its selling process. Dezine is utilizing a(n)
A. indirect channel of distribution.
B. bait-and-switch marketing channel.
C. reseller channel.
D. direct channel of distribution.
E. direct-response advertising medium.
Answer: D
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Interim reports are usually audited
Indicate whether the statement is true or false
A dynamic report can include updating daily stock market prices or the calculation of available inventory.
Answer the following statement true (T) or false (F)
?Devine Divots issued a bond a few years ago. The bond has a face value equal to $1,000 and pays investors $30 interest every six months. The bond has eight years remaining until maturity. If an investor requires a 7 percent rate of return to invest in this bond, what is the maximum price the investor should be willing to pay to purchase the bond? (Round the answer to two decimal places.)
A. ?$761.15 B. $939.53? C. $940.29? D. ?$965.63 E. ?$1,062.81
Which of the following statements is CORRECT?
A. Since depreciation is not a cash expense, and since cash flows and not accounting income are the relevant input, depreciation plays no role in capital budgeting. B. Under current laws and regulations, corporations must use straight-line depreciation for all assets whose lives are 3 years or longer. C. If they use accelerated depreciation, firms will write off assets slower than they would under straight-line depreciation, and as a result projects' forecasted NPVs are normally lower than they would be if straight-line depreciation were required for tax purposes. D. If they use accelerated depreciation, firms can write off assets faster than they could under straight-line depreciation, and as a result projects' forecasted NPVs are normally lower than they would be if straight-line depreciation were required for tax purposes. E. If they use accelerated depreciation, firms can write off assets faster than they could under straight-line depreciation, and as a result projects' forecasted NPVs are normally higher than they would be if straight-line depreciation were required for tax purposes.