Based on the stages of the family life cycle, which of the following groups most likely has the largest amount of discretionary income?

A. single parents with children
B. young singles
C. young couples without children
D. middle-aged couples with children
E. young married couples with children


Answer: D

Business

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When a company does not have any convertible securities or options or warrants outstanding, the company has:

A. to report only diluted earnings per share. B. to report both basic and diluted EPS. C. a simple capital structure. D. a complex capital structure.

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In which year did spending on mobile marketing first exceed the amount spent on desktop/laptop marketing?

A. 2014 B. 2015 C. 2016 D. 2017

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What was the first major anti-discrimination legislation signed by President Obama, and why was it put into law?

What will be an ideal response?

Business

During the current year, Gomez Co. had beginning inventory of $2800 and ending inventory of $2400. The cost of goods sold was $5200. What is the amount of inventory purchased during the year?

A. $5200 B. $10,400 C. $7600 D. $4800

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